HomeBusinessRBI imposes a fine of Rs 60.3 lakh on five co-operative banks...

RBI imposes a fine of Rs 60.3 lakh on five co-operative banks for violating norms Achi-News

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Achi news desk-

While announcing the imposition of a fine on the cooperative bank, it was stated that the penalty was imposed on these banks for violating separate regulatory norms. Also, these fines are not intended to affect the validity of the contract or any transaction that the banks carry out with the respective customers.

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