ECONOMYKarnataka Bank Fined Rs 1.2 Cr by Reserve Bank of IndiaAmrita ChakravortyMay 29, 2020May 29, 2020 by Amrita ChakravortyMay 29, 2020May 29, 202001777 The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning...