Saturday, June 20, 2015

RBI imposes penalty on The Junagadh Commercial Co-operative Bank Ltd., Junagadh (Gujarat)


The Reserve Bank of India has imposed a monetary penalty of 5.00 lakh (Rupees Five Lakh only) on The Junagadh Commercial Co-operative Bank Ltd., Junagadh (Gujarat).
          The monetary penalty is for violations of the directives/guidelines of the Reserve Bank on :-
1.     Know Your Customer (KYC) Norms
2.     Anti-Money Laundering (AML) Measures
3.     Combating of Financing of Terrorism (CFT)
4.     Obligations of Banks under Prevention of Money Laundering Act (PMLA), 2002.

The predominant cuisine in Junagadh is vegetarian.  Junagadh might not have any lavish or fine dining restaurants but it does have quiet some options for some lip-smacking street food and good quality Indian and local Gujarati cuisine.  Some Gujarati snacks and sweets that relish are Dhokla, Khandvi, Thepala, Ghevar, Basundi and probably a few more.