October 9, 2012 8:33 PM
RBI imposes penalties on ING Vysya Bank Ltd. & ICICI Bank Ltd.
The Reserve Bank of India has imposed penalties of 55 lakh rupees on ING Vysya Bank Ltd. and 30 lakh rupees on ICICI Bank Ltd. The penalties have been imposed on these banks for offences such as failures to obtain adequate documents for opening accounts, and delay in filing the Suspicious Transactio...