RBI imposes monetary penalty on Ola Financial Services
Mumbai (Maharashtra) [India], July 12 (ANI): The Reserve Bank of India (RBI) on Tuesday said it has imposed a monetary penalty of Rs 1.68 crore on Ola Financial Services Private Limited for non-compliance with certain provisions of payment instruments and know your customers (KYC).
The RBI has imposed a monetary penalty of Rs 1,67,80,000 on Ola Financial Services Private Limited for non-compliance with certain provisions