Tag: Bandhan Bank To Pay Penalty

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RBI Slaps Rs 1 Cr Penalty On Bandhan Bank

New Delhi: The Reserve Bank of India (RBI) on Tuesday imposed Rs 1 crore penalty on Bandhan Bank for non-compliance with promoter holding norms, contained in the licencing guidelines. Under the guidelines, the bank was required to bring down shareholding of its “non-operative financial holding company” to 40 per cent of its paid-up equity capital […]

  • Saturday, 24 April 2021
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