How violation of 19(2) of Banking Regulation Act is treated by RBI in recent past Yesterday’s many financial newspapers carried news: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on SBI for holding shares in borrower company of an amount exceeding 30 percent of the paid-up share capital of the company. Relevant Text of the RBI Press release dated Nov 26, 2021 is […]
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How violation of 19(2) of Banking Regulation Act is treated by RBI in recent past
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