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RBI imposes fine of Rs 2 crore on SBI Bank

Posted on March 19, 2021 By Surendra Jangir No Comments on RBI imposes fine of Rs 2 crore on SBI Bank

RBI says that SBI has not followed the instructions issued while making payments to bank employees, due to which it has been fined.


RBI imposes fine of Rs 2 crore on SBI Bank


Recently, the Reserve Bank of India (RBI) has imposed a fine of Rs 2 crore on the country’s largest bank ‘State Bank of India’ (SBI) for violating the Bank Regulation Act.

The RBI states that during the statutory inquiry and risk assessment report of the bank’s financial position on March 31, 2017, and March 31, 2018, it was found that the bank has given rules and guidelines in the remuneration given to its employees as commission. Has been violated.

The Reserve Bank has imposed a penalty of Rs 2 crore on SBI for violation of section 10 (1) (b) (ii) of the Banking Regulation Act 1949 and disregard of the guidelines for payment of remuneration as commission to employees.

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(हाल ही में, भारतीय रिजर्व बैंक (आरबीआई) ने देश के सबसे बड़े बैंक ‘स्टेट बैंक ऑफ इंडिया’ (एसबीआई) पर बैंक नियमन कानून के उल्लंघन करने के चलते दो करोड़ रुपये का जुर्माना लगाया है |) 

(आरबीआई का कहना है कि 31 मार्च, 2017 और 31 मार्च 2018 को बैंक की वित्‍तीय स्थिति की वैधानिक जांच और रिस्‍क असेसमेंट रिपोर्ट के दौरान यह पाया गया कि बैंक ने कमीशन के रूप में अपने कर्मचारियों को दिए जाने वाले पारितोषिक में नियम एवं दिशा-निर्देशों का उल्‍लंघन किया है |) 

(रिजर्व बैंक ने बैंकिंग रेग्युलेशन ऐक्ट 1949 के सेक्शन 10 (1) (b) (ii) के उल्लंघन और कर्मचारियों को कमीशन के रूप में पारिश्रमिक भुगतान संबंधी गाइडलाइन की अनदेखी के कारण एसबीआई पर 2 करोड़ का जुर्माना लगाया है |)


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