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Sunday, 9 March, 2025

RBI imposes Rs 1.25-crore penalty on Zoroastrian Co-operative Bank

The RBI statement said the statutory inspection of the bank was done by RBI with reference to its financial position as on March 31, 2020, and examination of the risk assessment report pertaining to the Forensic Audit Report (FAR) by an external auditor.

RBI imposes Rs 1.25-crore penalty on Zoroastrian Co-operative Bank

[File Photo]