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Four UCBs penalized; Fine of Rs 63 lac on Bombay Mercantile Co-op Bank

Reserve Bank of India imposed monetary penalties on four cooperative banks for breaching the RBI norms. ....

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Eight UCBs penalized across states; Fines from Rs 4 lac to Rs 25k

Eight urban cooperative banks from across the country were penalized by the RBI last week on various acts of omis ....

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