The RBI (Reserve Bank of India) has fined SBI (State Bank of India) INR 20 million (USD 275,000) for noncompliant commission payments to employees.

RBI - Reserve Bank Of India

Source

Published on Mar. 17th, 2021 Published on Mar. 17th, 2021

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Sept. 20th, 2021

ORX Forum

ELSEWARE/MSTAR will be speaking on climate stress on operational risk at the ORX forum on September 23. In particular, we will be presenting the work we have done on this topic with the American Bankers Association and a group of banks.