reserve-bank-of-india

RBI Imposes Penalties on 22 Banks with Fines Upto ₹30 Million

The Reserve Bank of India (RBI) has imposed penalties on 22 banks, including State Bank of India (SBI), Bank of Baroda and Canara Bank, for violating rules of customer identification and anti-money laundering. The banks have been fined ranging from ₹5 million to ₹30 million for the offence. Jul 15, 2013
us-secretary-of-state-john-kerry

India, US to Raise Economic Issues, Afghan Talks during John Kerry Visit

US Secretary of State John Kerry is gearing up for a three-day visit to India to lead the 4th India-US strategic dialogue. He will co-chair talks with India's Foreign Minister Salman Khurshid on economical issues ranging from intellectual property protection to the new streak of entrepreneurs in the Asian country. Jun 20, 2013