WebFine: $48,000,000. DNB ASA, Norway's largest financial services business, was fined $48.1 million for money laundering violations. It stated a preliminary regulatory check discovered major AML compliance issues. The infractions were under Norway's old money laundering laws, but the penalties were just for AML violations.
Recent RBI proposal could hurt bank revenues, says Morgan Stanley
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PhonePe, PNB, Delhi Metro, Sodexo Slapped With Rs 5.78 Crore Penalty …
WebThe Reserve Bank of India (RBI) has imposed, by orders dated January 31, 2024, monetary penalty for non-compliance with various directions issued by RBI on monitoring of end use of funds, exchange of information with other banks, and on restructuring of accounts, on three banks as detailed below: Sr. No. Name of the bank. WebMay 29, 2024 · The Reserve Bank of India (RBI), on Friday, said it has imposed a monetary penalty on Citibank (₹4 crore), Bharat Co-operative Bank (₹60 lakh), TJSB Sahakari Bank … WebJul 8, 2024 · “The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949 ... black panther kino hannover