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RBI Imposes Penalty on Equitas for Selling MF, Insurance Products Without Approval - (09 Mar 2018)

Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on Equitas Small Finance Bank for distributing mutual fund (MF), insurance and wealth management without taking prior approval from regulator.

Tags : RESERVE BANK OF INDIA   EQUITAS SMALL FINANCE BANK  

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