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RBI fines five UCBs from Gujarat; Surat National Co-op Bank in the list

On Thursday again, RBI imposed a fine on five urban cooperative banks of Gujarat worth Rs 14 lakh. These

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RBI slaps fines on 5 banks in Gujarat

The Reserve Bank of India (RBI) has slapped monetary penalties on five co-operative banks in Gujarat for violation norms which include giving loans to their own directors which is not allowed.The RBI said it has imposed a monetary penalty of Rs .

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