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RBI fines Citibank INR 3.9 mln for breaking large exposure cap, other norms

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RBI fines Citibank INR 3.9 mln for breaking large exposure cap, other norms

This story was originally published at 20:34 IST on February 21, 2025  Back
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The Reserve Bank of India Friday said it had imposed a penalty of INR 3.90 million on Citibank, N.A., after a statutory inspection of the lender's financial position as of the end of financial year 2022-23 (Apr-Mar) showed it had not complied with certain norms of the central bank.

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