https://www.taxtmi.com/news?id=12593 The Reserve Bank imposed a monetary penalty on a district central co operative bank under the Banking Regulation Act (as applicable to co operative societies) for non adherence to KYC norms and AML guidelines after issuing a show cause notice, considering the bank's written reply and personal submissions, and concluding the violations were substantiated. en-us Mon, 24 Mar 2014 16:51:10 +0530 Mon, 24 Mar 2014 16:51:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12593 The Reserve Bank imposed a monetary penalty on a district central co operative bank under the Banking Regulation Act (as applicable to co operative societies) for non adherence to KYC norms and AML guidelines after issuing a show cause notice, considering the bank's written reply and personal submissions, and concluding the violations were substantiated. News - Mon, 24 Mar 2014 16:51:10 +0530 https://www.taxtmi.com/news?id=12593