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Jammu & Kashmir Bank Ltd. - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

| Updated on March 07, 2019 Published on March 07, 2019

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we wish to intimate that the Reserve Bank of India (RBI), in exercise of powers conferred under Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949, levied an aggregate penalty of Rs. 20 million vide its order dated February 25, 2019. The penalty has been levied for non compliance to RBIs directives on Time-bound implementation & strengthening of
SWIFT related controls.

Pdf Link: Jammu & Kashmir Bank Ltd. - Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

Published on March 07, 2019
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