Indian central bank fines HDFC bank.
BANKING AND CREDIT NEWS-June 19, 2019--Indian central bank fines HDFC bank
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Global Banking News - 19 June 2019
The Indian central bank, Reserve Bank of India, has fined private-sector lender, HDFC Bank.
The firm, considered to be one of the leading private sector banks in India, was fined INR10m for not adhering to KYC norms. It was earlier served a notice requesting why action should not be taken against it. The fine pertains to submission of forged bill...
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