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News
Himachal Pradesh State Cooperative Bank
Himachal Pradesh State Cooperative Bank News
RBI
27 Apr 2021
RBI imposes Rs 40 lakh penalty on Himachal Pradesh State Cooperative Bank
The penalty has been imposed for non-compliance with regulatory directions issued by NABARD contained in 'Review of Frauds - Guidelines on Monitoring and Reporting System. A notice was issued to the Himachal Pradesh State Co-operative Bank. After considering the bank's reply to the notice and oral submissions made in the personal hearing.
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