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Bank fined 30,000 for delay in clearing cheque

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CHENNAI: Refusing to accept Canara Bank's statement that it "could not have intentionally caused delay" in processing a cheque, a district forum has fined it 30,000 for "gross negligence in services." The bank had credited the amount in a customer's account after a week's delay. R Lakshmi of Maduravoyal said...

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