RBI fines Bombay Mercantile Co-operative Bank ₹50 lakh for regulatory incompliance

RBI clarified that the action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers

RBI fines Bombay Mercantile Co-operative Bank  ₹50 lakh for regulatory incompliance

RBI clarified that the action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers