Airtel Payments Bank fined Rs 5 crore by RBI for violating KYC norms

2 weeks ago
The Reserve Bank of India (RBI) has imposed a fine of Rs 5 crore on Sunil Mittalowned Airtel Payments Bank for flouting Know Your Customer (KYC) norms and operating guidelines. "The Reserve Bank of India (RBI) has imposed, on March 7, 2018, a monetary ... ...

In building war chest, Idea Vodafone can take a leaf out of Singtel's books

4 weeks ago
This fiscal year, Idea Cellular and Vodafone India are estimated to spend Rs14,00015,000 crore on capital expenditure. Graphic: Naveen Kumar Saini/Mint. The IdeaVodafone combine will invest about Rs60,000 crore in the next three years to ramp up its Samsung, Jio to roll out panIndia IoT network ... ...

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