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Business

RBI imposes penalty on ICICI, Axis, BoM, IDBI, BoB for violating norms The Reserve Bank on Friday said it has imposed penalties on five lenders, including ICICI Bank, Bank of Baroda, and Axis Bank, over deficiencies in certain regulatory compliances.

Rs 2,000 notes update: RBI data shows notes w According to official data of the Reserve Bank of India, Rs 2,000 notes worth Rs 6,266 crore are still in circulation. It is worth mentioning that the central bank ann