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The Karnataka Moneylenders Act, 1961 Act 12 of 1962Keyword(s): Bank, Business of Moneylenders, Capital, Company, Cooperative Society, Interest, License, License Fee, Loan, Moneylender, Provident Fund,
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Bank business of money-lending refers to the practice of lending money by financial institutions like banks.
Financial institutions like banks are required to file bank business of money-lending.
The bank business of money-lending form can be filled out online or by submitting a physical form to the relevant authority.
The purpose of bank business of money-lending is to track and regulate the lending activities of financial institutions.
Information such as the amount of loans issued, interest rates, and borrower information must be reported on bank business of money-lending.
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