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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI rejigs overseeing committee to monitor restructuring of bad loans

The reconstituted OC will work with an expanded mandate to review the restructuring of stressed assets.

22 Jun 2017 6:10 PM IST