Sunday, October 7, 2012

RBI slaps fine of Rs 500,000 on Bapunagar Mihila Co-operative Bank for violating norms

.......The RBI found the bank guilty of violating guidelines on exceeding the ceiling on unsecured advances, delay in reporting of Suspicious Transaction Reports (STRs), non-filing of First Information Reports (FIRs) and delay in submission of FIRs without any cogent reasons, the central bank said in a statement.......

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