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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 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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