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RBI fines Mumbai bank for levying extra charge on ATM cards

The statutory Inspection of the Bank conducted by the RBI with reference to its financial position as on March 31, 2021, and examination of the Risk Assessment Report, Inspection Report and all correspondence related thereto revealed, inter alia, that the bank had imposed annual maintenance charges for ATM cards in Basic Savings Bank Deposit Accounts. […]



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RBI fines Mumbai bank for levying extra charge on ATM cards

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