RBI stood firm in its decision, ruling that the non-compliance on SBI's part was undeniable. Post author By admin Post date September 26, 2023 RBI Penalises Three Prominent State-Owned Banks The Reserve Bank of India (RBI), in a recent move, has levied penalties on… 26 September 2023, • 2 mins read Tags Indian Bank, Penalty, Punjab & Sind Bank, RBI, SBI