RBI imposes penalty on seven co-operative banks for violating norms

The Reserve Bank of India (RBI) Monday imposed monetary penalties on seven co-operative banks for contravention of/non-adherence with the certain norms issued by the central bank for the co-operative banks. These banks are Textile Traders Co-operative Bank Ltd, Ujjain Nagarik Sahakari Bank Maryadit, Panihati Co-operative Bank, The Berhampur Co-operative Urban Bank, Solapur Siddheshwar Sahakari Bank,…

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Personal Loan: How to choose the right payment plan? Here are some essential points to keep in mind

Selecting the optimal payment plan for your personal loan entails evaluating various factors to determine the option that aligns best with your financial circumstances and objectives. Here’s a breakdown of essential points to keep in mind: Interest rate and loan termLowest interest rate: Aim for a personal loan with the most competitive interest rate to…

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