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RBI levies penalty of Rs 1 crore on Indian Bank

11 Dec 2018 Evaluate

The Reserve Bank of India (RBI) has levied a penalty of Rs 1 crore on Indian Bank for violating cyber security norms.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Peers
Company Name CMP
State Bank Of India 980.00
PNB 123.90
Bank Of Baroda 241.50
Canara Bank 119.75
Union Bank Of India 186.15
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