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Karur Vysya Bank LimitedImportant, 09-11-2024: General Updates

09-11-2024 | 05:15 pm

Karur Vysya Bank disclosed that the Reserve Bank of India imposed a monetary penalty of ₹14,075 due to deficiencies in processing soiled note remittances. The bank stated that this penalty is immaterial and part of the normal operations of currency chests.

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