Canara Bank Fined Rs 41.80 Lakh by RBI Over KYC Compliance Violations On June 05, 2026, the Reserve Bank of India (RBI) had imposed a monetary penalty amounting to Rs 41.80 lakh on Canara Bank over non-adherence with certain directions issued by it concerning ‘Know Your Customer (KYC)’ and ‘Unclaimed Deposits/Inoperative Accounts in Banks’. The…
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