RBI slaps Rs 1 cr penalty each on three public sector banks
Mumbai, Sep 7 : The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore each on three public sector banks for non-compliance with its directions on "Fraud - Classification and Reporting".
According to the RBI, the penalty was imposed individually on all the three banks -- Bank of Maharashtra, Bank of India, Union Bank of India -- on August 30, 2018.
The apex bank took into account the delay on the part of these banks in reporting fraud in certain accounts.
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Himachal: Three killed, two injured as speeding car dashes against parked truck
Mandi (HP) (PTI): Three people were killed and two others sustained grievous injuries after a speeding car dashed against a stationary truck at Dadour near Nerchowk in Mandi district on Monday late at night, police said on Tuesday.
There were five people in the car when the tragedy struck. Three were declared dead in the hospital while two have been referred to AIIMS Bilaspur.
The deceased were identified as Anil Kumar (28), Rohit Kumar (26) and Subash Kumar (23), all residents of Mandi district, while the injured are Harish and Pankaj.
A case has been registered under relevant sections and investigations are underway, said Superintendent of Police (SP) Mandi Vinod Kumar.
He added that the bodies have been handed over to the family members of the deceased.
In a statement, Chief Minister Sukhvinder Singh Sukhu expressed grief over the loss of three lives in a road accident. He directed the district administration to ensure best possible treatment for the injured and wished them a speedy recovery.
