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Reserve Bank of India says it has imposed a penalty of Rs 5 lakh on Housing Development Finance Corporation Ltd for non-compliance with certain provisions issued by the National Housing Bank.
HDFC failed to transfer matured deposits of certain depositors to designated bank accounts of such depositors during the period 2019-20, the RBI said in a statement.
VR Score
90
Informative language
95
Neutral language
94
Article tone
formal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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