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176 Cooperative Banks Fined Rs14.04 Crore by RBI in FY22-23: Govt

Reserve Bank of India (RBI) has imposed a penalty of Rs14.04 crore on as many as 176 cooperative banks during fiscal year (FY)22-23, while seven banks from the private sector paid a fine of Rs12.17 crore for non-compliance with the guidelines, rules and regulations issued by RBI, the Lok Sabha was informed. ....

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