https://www.taxtmi.com/news?id=11677 Reserve Bank of India imposed a monetary penalty on a co operative bank for violations of its know your customer (KYC) norms, invoking powers under the Banking Regulation Act (as applicable to co operative societies) after an inspection of the bank's financial position, issuance of a show cause notice, and consideration of the bank's written reply. en-us Sat, 07 Sep 2013 18:55:06 +0530 Sat, 07 Sep 2013 18:55:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11677 Reserve Bank of India imposed a monetary penalty on a co operative bank for violations of its know your customer (KYC) norms, invoking powers under the Banking Regulation Act (as applicable to co operative societies) after an inspection of the bank's financial position, issuance of a show cause notice, and consideration of the bank's written reply. News - Sat, 07 Sep 2013 18:55:06 +0530 https://www.taxtmi.com/news?id=11677