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RBI imposes penalty on 14 banks for contravention of norms

The Reserve Bank of India (RBI) on Wednesday said it has imposed penalties on SBI, Bank of Baroda, IndusInd Bank, Bandhan Bank and 10 other lenders for contravention of various regulatory norms, including on lending to NBFCs.

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RBI imposes penalty on 14 banks for contravention of norms RBI imposes penalty on 14 banks for contravention of norms Reviewed by Space encyclopaedia on July 07, 2021 Rating: 5

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