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Seven days & seven UCBs; RBI imposes fine for flouting its norms

The Reserve Bank of India imposed penalties on four cooperative banks of Gujarat and extended direction

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RBI imposes monetary penalty on three co-operative banks, cancels registration of one HFC Details here

The RBI has imposed monetary penalties on three co-operative banks and one NBFC for deficiencies in regulatory compliance. These co-operative banks are: Annasaheb Magar Sahakari Bank, Jawhar Urban Co-operative Bank and Janata Urban Co-operative Bank

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RBI Imposes Rs 25 Lakh Penalty on Punjab & Sind Bank

RBI Imposes Rs 25 Lakh Penalty on Punjab & Sind Bank
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RBI penalizes 7 UCBs within a week; Mahesh Bank pays the highest fine

RBI penalizes 7 UCBs within a week; Mahesh Bank pays the highest fine
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RBI hikes average base rate charged by NBFC-MFIs to borrowers to 7 98%

RBI hikes average base rate charged by NBFC-MFIs to borrowers to 7 98%
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