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Shaktikanta Das, RBI Banking & Finance

Rs 1 Crore Penalty on Punjab National Bank Imposed By RBI

"RBI has observed that the Bank was operating a bilateral ATM sharing arrangement with Druk PNB Bank Ltd, Bhutan, (an international subsidiary of the Bank), since April, 2010 without the prior approval/authorisation from RBI," it said in a stock exchange filing.

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