The Reserve Bank of India imposes a fine of Rs 1 crore on Cooperative Rabobank
The Reserve Bank of India (RBI) on August 12 imposed a fine on Cooperative Rabobank U.A. as a result of a breach of the conditions relating to the transfer of the prescribed amount. The penalty was imposed for non-compliance with instructions relating to the transfer of 25 percent of disclosed dividends for savings in excess …
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