For which bank, RBI penalized Rs.2 Crore for Flouting Norms? – InterviewSolution

InterviewSolution

1.	For which bank, RBI penalized Rs.2 Crore for Flouting Norms?
Answer» Reserve Bank of India, has imposed an aggregate penalty of Rs 20 million on Corporation bank due to some lapses in monitoring of end use of funds and exchange of information with other banks in respect of one borrower along with some other banks.

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