Tag: SBI

The Reserve Bank of India (RBI) imposed a penalty of Rs 2 crore ($275,651) on the State Bank of India (SBI) for violation of certain norms on remuneration to its employees in the form of commission after finding the lapses while doing statutory audits.

China-based 9F Group, a provider of a range of financial services, has closed its Series E round of funding.

SBI Investment has tapped its FinTech Fund to make an undisclosed investment into FinanceApp AG.

Singapore-headquartered VENTENY.com has closed a $2.3m Series A round of funding led by Japanese venture firm SBI Investments.