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Tag: rbi penalty on banks

RBI imposes monetary penalty on Citibank, BoB and IOB

RBI imposes monetary penalty on Citibank, BoB and IOB

November 24, 2023November 24, 2023 · Banking

The Reserve Bank of India (RBI) has imposed a monetary penalty aggregating ₹10.34 crore on three banks —Citibank NA (₹5 crore), Bank of Baroda (₹4.34 crore) and Indian Overseas…

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