Question
A penalty of ______ crore has been imposed on the ATM
Manager of Tata Communications Payment Solutions Limited (TCPSL) by the Reserve Bank of India?Solution
RBI imposed Rs 2 crore penalty on TCPSL and Rs 54.93 lakh on ATPL for non compliance with the directions issued by RBI on White Label ATM deployment targets and net-worth requirement and also on not maintaining of escrow account balance and net-worth requirement.
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