RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
Salesforce on Wednesday announced USD 2 million (about Rs 15.85 crore) in grants to over 22 non-profits across India as the software company underlined its commitment to education and workforce development in the country.
Star Health and Allied Insurance Company has signed a corporate agency agreement with IDFC FIRST Bank for the distribution of its health insurance products.