RBI imposes penalties on Muthoot Finance, 5 others for compliance violations

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The Reserve Bank of India has fined six companies for regulatory breaches. Muthoot Finance received a Rs 5.80 lakh penalty for risk management failures. Avail Financial Services was fined for director conflicts and exposure limits. PAN Emami Cosmed faced penalties for exceeding credit exposure limits. Satya MicroCapital was penalized for incorrect NPA classification after restructuring.

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RBI imposes penalties on Muthoot Finance, 5 others for compliance violations

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