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RBI imposes penalty of Rs 1 crore on Central Bank of India

02 Mar 2019 Evaluate

Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Central Bank of India due to some reconciliation related lapses. The Bank has already taken necessary preventive measures to avoid such recurrence

Central Bank of India is a commercial bank. The bank’s segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business.

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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