March 29, 2018 / 5:13 AM / 22 days ago

BRIEF-RBI Imposes Penalty Of 589 Mln Rupees On ICICI Bank

March 29 (Reuters) - Reserve Bank of India:

* IMPOSES MONETARY PENALTY OF 589 MILLION RUPEES ON ICICI BANK LTD

* PENALTY FOR NON-COMPLIANCE WITH DIRECTIONS ISSUED BY RBI ON DIRECT SALE OF SECURITIES FROM HTM PORTFOLIO AND SPECIFIED DISCLOSURE Source text - bit.ly/2IZEXJE

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