RBI Fines HDFC Bank Rs 1 Crore For Violating KYC, Fraud Reporting Norms
A woman walks past a branch of HDFC Bank Ltd. in Amritsar. (Photographer: Brent Lewin/Bloomberg)

RBI Fines HDFC Bank Rs 1 Crore For Violating KYC, Fraud Reporting Norms

The Reserve Bank of India imposed a penalty of Rs 1 crore on HDFC Bank Ltd. for not complying with its know-your-customer and anti-money laundering norms.The central bank, in a statement today, sai...
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