How violation of 19(2) of Banking Regulation Act is treated by RBI in recent past By Anand Gupta TaxGuru

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 […]

from TaxGuru
via For More By Anand Gupta

Post a Comment

If You have any doubts,please let me know.

Previous Post Next Post