A notice was issued to Seva Vikas Cooperative Bank advising it to show cause as to why penalty should not be imposed on it for such non-compliance with the directions.source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-imposes-rs-55-lakh-penalty-on-pune-based-seva-vikas-cooperative-bank/articleshow/80673119.cms
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