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rbi puts penalty on hsbc

Reserve Bank of India imposes penalty on HSBC for violating norms

Reserve Bank of India imposes penalty on HSBC for violating norms

Wed, May 29, 2024

After considering the facts of the case and the bank's reply in the matter, the RBI came to the conclusion that the violations were substantiated and warranted the imposition of penalty, according to a statement by the central bank.

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