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RBI Imposes Monetary Penalty On RBL Bank For Non-Compliance

RBI Imposes Monetary Penalty On RBL Bank For Non-Compliance

The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 2 crore on RBL Bank. The penalty is "for contravention of section 28 (h) of the RBI (Interest Rate on Deposits) Directions,...

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