Published on 15/05/2019 12:04:32 PM | Source: Dion Global Solutions Ltd

RBI imposes penalty of Rs 50,000 on The Jampeta Co-operative Town Bank Ltd

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The Reserve Bank of India has imposed a monetary penalty of Rs 50,000/- on the Jampeta Co-operative Town Bank Ltd., Jampeta, Rajamahendravaram, Andhra Pradesh, for violation of Reserve Bank of India Directives/Instructions/Guidelines with regard to exchange / acceptance of Specified Bank Notes (SBNs).