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RBI fines 13 banks ₹27 cr for forex violations
MUMBAI: In a major crackdown for foreign exchange violations and KYC lapses, the RBI has imposed ₹27-crore penalty on 13 public and private sector banks, including
Published on: Jul 28, 2016, 06:58:13 IST
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MUMBAI: In a major crackdown for foreign exchange violations and KYC lapses, the RBI has imposed ₹27-crore penalty on 13 public and private sector banks, including PNB and HDFC Bank, while asking eight others including SBI and ICICI Bank to ensure strict compliance with guidelines.
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