RBI slaps Rs 27-crore penalty on 13 banks for FEMA violations on july 26
The RBI fined Bank of Baroda for Rs 5 crore
Punjab National Bank and Syndicate Bank have been fined Rs 3 crore each.
UCO Bank, HDFC Bank, Allahabad Bank, Canara Bank and IndusInd Bank have all been fined Rs 2 crore each.
7 NBFCs surrender licence; RBI cancels licence of 4 others under RBI act 1934