Business Standard

Rbi Pulls Up Boi On Rs 137 Crore Madhavpura Pay Order Scam

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BUSINESS STANDARD

The Reserve Bank of India has squarely blamed the Bank of India management for the Rs 137-crore Madhavpura Cooperative Bank pay order scam.

In a communication dated June 21, signed by KL Khetarpaul, chief general manager-in-charge, department of banking supervision, RBI expressed its displeasure at the

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First Published: Jun 27 2001 | 12:00 AM IST

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