RBI Charges Monetary Penalty On These 2 Banks: Check Report

The Reserve Bank of India (RBI) has levied a monetary penalty of Rs 5.00 lakh (Rupees five lakh only) on The Swasakthi Mercantile Cooperative Urban Bank Ltd., Vijayawada for contravening/non-compliance with certain sections of the issued directives, according to an order By Anand Gupta
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