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RBI imposes penalty on Punjab National Bank

Capital Market

Last Updated : Jun 07 2021 | 8:04 PM IST

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The Reserve Bank of India has vide its order dated 07 June 2021 imposed penalty of Rs 2 crore on Punjab National Bank for (i) non-compliance with the directions on identification and reporting of frauds and (ii) inaccurate data reporting on CRILIC platform, for the years 2017-18 and 2018-19.

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