AXISBANK Axis Bank Ltd Legal Disputes Announcement 2023 - Monetary Penalty Imposed Axis Bank has been imposed a monetary penalty of Rs. 90.92 lakh by the Reserve Bank of India for non-compliance with certain directions on KYC, loans and advances, outsourcing of financial services, and code of conduct for current accounts..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Axis Bank Ltd