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Published 18:08 IST, April 5th 2024

RBI imposed penalty of Rs 1 crore on IDFC First Bank, know why

This penalty, mandated under the Banking Regulation Act, of 1949, highlights regulatory oversight in ensuring adherence to banking norms.

Reported by: Business Desk
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IDFC First Bank
IDFC First Bank | Image: Shutterstock
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17:54 IST, April 5th 2024