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PNB’s board to meet soon merger with Oriental Bank, United Bank

New Delhi: Punjab National Bank (PNB) will soon hold a board meeting to consider its amalgamation with Oriental Bank of Commerce and United Bank...

RBI imposes penalty on four banks for non-compliance of KYC/AML rules

Mumbai: The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC...

RBI restricts withdrawal from PMC Bank to Rs 1000

Mumbai (Maharashtra): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked...

Nirav Modi UK extradition appeal to be heard on December 14

London : Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering in the estimated USD 2-billion...

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