RBI imposes Monetary Penalty on Bank of India Over Currency Chest Irregularities
RBI imposes Monetary Penalty on Bank of India Over Currency Chest Irregularities The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1.85 lakh on Bank of India for certain irregularities related to a currency chest. The penalty of ₹1,85,300 was imposed on the Kanpur Currency Chest operated by Bank of India. The…