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Industry

RBI slaps fine on five foreign banks for violating FEMA rules

Deutsche Bank has been fined Rs20,000, while Bank of America, Bank of Tokyo Mitsubishi, The Royal Bank of Scotland and Standard Chartered have been fined Rs10,000 each

1 min read21 Dec 2016
Industry

Four big banks to pay $2.5 billion for manipulating currency market in 2007

JPMorgan Chase, Citigroup, Barclays and RBS conspired with one another to fix rates on US dollars and euros traded in the huge global market for currencies

2 min read20 May 2015

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