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Pune People's Co-Operative Bank Declares 12% Dividend freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
#post excerptThe Reserve Bank of India has imposed a monetary penalty of ₹2 lakh on Pune People’s Co-operative Bank Limited, for contravention of directions issued by RBI on ‘Know Your Customers’. ....
The restrictions, imposed through directions under the Banking Regulation Act (as applicable to co-operative societies), 1949, shall remain in force for a period of six months from the close of business on December 6, 2021 and are subject to review, the Reserve Bank said in a statement. ....