The Reserve Bank has imposed a penalty of Rs 35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification. The central bank imposed the fine via an order dated October 24, 2019.
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RBI imposes Rs 35 lakh fine on this bank
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RBI imposes Rs 35 lakh fine on this bank https://ift.tt/32QBFSE
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