RBI imposes penalty of Rs 1.5 cr on Bank of India

The Reserve Bank of India has imposed a penalty of Rs 1.5 crore on Bank of India on account of 'Non-compliance with RBI's direction on Frauds' in Rotomac Group companies. The
aforesaid penalty is required to be paid within 14 days of receipt of their order.
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First Published: Aug 01 2019 | 7:32 PM IST
