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RBI imposes Rs 36 lakh fine on Central Bank of India for violating customer protection norms

by AIP Online Bureau | Apr 24, 2022 | Banking & Bancassurance, Indian News, Regulation

It revealed non-compliance with the relevant directions to the extent the bank failed to credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of notification by the...

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