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RBI Imposes Rs 1 Crore Penalty On State Bank Of India For Violating Norms

RBI Imposes Rs 1 Crore Penalty On State Bank Of India For Violating Norms

RBI imposed a penalty of Rs 1 crore on State Bank of India for holding shares in the borrower companies of an amount exceeding 30 per cent of the paid-up share capital of those companies.

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