How differently a violation of 19(2) of the Banking Regulation Act is treated by RBI - A case

Shivaprasad Chhatre , Last updated: 29 November 2021  
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Yesterdays many financial newspapers carried news The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore for holding shares in borrower company of an amount exceeding 30 percent of the paid-up share capital of the company. Sub-section (2) of the Banking Regulation Act, 19

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Shivaprasad Chhatre
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