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Not following the regulatory Instructions, the RBI imposed a penalty on four banks including SBI

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Lucky Jain
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(G.N.S) Dt. 03 New Delhi Reserve Bank (RBI) has taken action against four banks not following various regulatory instructions. The RBI imposed a fine of Rs 3 crore on Union Bank, Rs 2 crore on Dena Bank and Rs 1-1 crore on SBI and IDBI Bank. Dena Bank said in

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