RBI fines 19 banks including SBI, ICICI for non-compliance of SWIFT guidelines
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RBI fines 19 banks including SBI, ICICI for non-compliance of SWIFT guidelines
 
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PSU bank SBI informed exchanges Saturday about the penalty of Rs 1 crore for delayed implementation of the daily reconciliation of Swift transaction logs with effect from Feb 20, 2018 at 226 branches. Private lender ICICI Bank has also been penalised for Rs 1 crore for SWIFT-related issues...https://www.financialexpress.com
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