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Banks fined crores over violating KYC norms 16 July 2013
About 22 banks were penalized by the RBI for money laundering and violation of know your customer (KYC) norms. Banks will have to pay crores of Rupees as part of fines. The central bank announced the decision after checking the...
Keywords: RBI, Andhra Bank, Andhra Bank, know your customer (KYC) norms
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