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Tag: Bandhan Bank

Penalty of 1 Core on Bandhan Bank Penalty of 1 Core Imposed By RBI on Bandhan Bank

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1 crore on the Bandhan Bank for non-compliance with the guidelines on promoter holding. The Bandhan Bank was required to bring down its non-operative financial holding company in the bank in excess of 40% of the total paid up equity capital to […]

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