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Union Bank of India fined by Reserve Bank

August 16, 2025 at 11:19 AM UTCBy FilingReader AI

The Reserve Bank of India imposed a ₹2,10,250 penalty on Union Bank of India for deficiencies found during inspection, including issues with note remittance and CCTV systems.

The bank described the financial impact as not significant and said it has implemented preventive measures.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:UNIONBANKBombay Stock Exchange

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