Axis Bank Slapped with ₹1.91 Cr Penalty by RBI for Non-Compliance Sept. 11, 2024, 9:01 a.m. The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.91 crore on Axis Bank Limited for various non-compliances.The violations include opening savings deposit accounts… Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More