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RBI charges fine on IOB over non-compliance with KYC norms

RBI charges fine on IOB over non-compliance with KYC norms
Author: ANI

Mumbai (Maharashtra) [India], Mar. 5 (ANI): The Reserve Bank of India (RBI) imposed a monetary penalty of Rs.20 million on Indian Overseas Bank for non-compliance with the directions issued by the former regarding Know Your Customer (KYC) norms.


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