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Thursday, June 20, 2019

RBI slaps Rs 10 lakh fine on South Indian Bank

"Examination in this regard revealed violation of RBI directions on 'Guarantees and Co-acceptances' and a notice was issued to the bank advising it to show cause as to why penalty should not be imposed for non-compliance with the directions," the RBI said.

from The Financial ExpressBanking & Finance – The Financial Express


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