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RBI imposes penalty on 8 banks, got account in any of THESE?

The penalties imposed on these eight banks ranged from Rs 1 lakh to Rs 40 lakh. Furthermore, the RBI imposed a monetary penalty on Spandana Sphoorty Financial, an NBFC. ....

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RBI imposes monetary penalty: 9 banks for failing to comply with RBI instructions

Reserve Bank of India imposed penalties on banks ranged from Rs.1 lakh to Rs. 40 lakh. ....

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