RBI imposes penalty on Citibank, IDBI Bank The Times Of India The Reserve Bank of India has penalized Citibank N.A. with Rs 36.28 lakh and IDBI Bank Ltd. with Rs 36.30 lakh for violations related to transaction reporting and inadequate due diligence on remittances respectively. These penalties highlight deficie...
Citigroup Cuts Executive Bonuses Amid Turnaround and Regulatory Fixes Khaleej Mag Citigroup has reduced performance-based bonuses for its top executives, reflecting progress in the bank’s ongoing turnaround and regulatory compliance efforts, according to the company’s proxy filing released on Tuesday. | The bonuses, awarded to...
