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RBI Imposes Penalties on Equitas Small Finance Bank and India Post Payments Bank
MUMBAI, Jan 31: The Reserve Bank of India (RBI) announced today that it has levied penalties on Equitas Small Finance Bank and India Post Payments Bank due to shortcomings in regulatory compliance. According to a statement from the RBI, a fine of Rs 65 lakh has been imposed on Equitas Small Finance Bank for failing […]
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