RBI Penalises Five Banks For Not Monitoring End Use Of Funds
A man drinks tea as he walks past the Reserve Bank of India (RBI) headquarter building in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

RBI Penalises Five Banks For Not Monitoring End Use Of Funds

The Reserve Bank of India has penalised five banks for not adhering to its guidelines on monitoring end use of funds by its borrowers, exchanging information with other banks, classification and re...
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