Shri Ram Finance Corporation, Progfin Fined ₹10.80 Lakh by RBI for KYC, Governance Lapses
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Reserve Bank of India (RBI) has imposed a total penalty of ₹10.80 lakh on two non-banking financial companies (NBFCs) Shri Ram Finance Corporation Pvt Ltd and Progfin Pvt Ltd for failing to comply with regulatory directions issued by the banking regulator.
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