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RBI imposes Rs 50 lakh penalty on Bombay Mercantile Co-operative Bank
The Reserve Bank of India (RBI) on Friday said it has imposed a penalty of Rs 50 lakh on Bombay Mercantile Co-operative Bank, Mumbai for deficiency in regulatory compliance.
Bombay Mercantile Bank: Nobody would listen
It is bad enough that most cooperative banks are run by shady politicians and go bust
