![Manappuram Finance fined Rs 17.63 lakh by the RBI for failing to comply with KYC regulations](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/download-2022-04-22T125301.024-pnqa060e6f6vzexscnlc0yiw4k4nzv2xermm9xdme8.jpg)
The Reserve Bank of India (RBI) said it has imposed a monetary penalty of Rs 17.63 lakh on Manappuram Finance Limited for non-compliance of norms related to Know Your Customer (KYC) and Prepaid Payment Instruments (PPIs). KEY POINTS: The Reserve Bank of India (RBI) has imposed monetary ...
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