ूेस ूकाशनी PRESS RELEASE

भारतीय रज़व बक
संचार वभाग, कि य कायालय, एस.बी.एस.माग, मुंबई‐400001
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RESERVE BANK OF INDIA

DEPARTMENT OF COMMUNICATION, Central Office, S.B.S.Marg, Mumbai‐400001 फोन/Phone: 91 22 2266 0502 फ स/Fax: 91 22 22660358 ै

: www.rbi.org.in/hindi Website : www.rbi.org.in इ‐मेल email: helpdoc@rbi.org.in
वेबसाइट

July 15, 2013 RBI penalises 22 Banks The Reserve Bank of India has imposed monetary penalty on the following 22 banks for violation of its instructions, among other things, on Know Your Customer/Anti Money Laundering. The details are: Monetary Penalty Sl. No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Name of the bank Andhra Bank Bank of Baroda Bank of India Canara Bank Central Bank of India Deutsche Bank A.G. Development Credit Bank Ltd. Dhanlaxmi Bank Ltd. Indian Overseas Bank ING Vysya Bank Ltd. Jammu & Kashmir Bank Ltd. Kotak Mahindra Bank Ltd. Oriental Bank of Commerce Punjab and Sind Bank Punjab National Bank State Bank of India The Federal Bank Ltd. The Lakshmi Vilas Bank Ltd. The Ratnakar Bank Ltd. United Bank of India Vijaya Bank Yes Bank Ltd. Penalty Amount (in ` crore) 2.50 3.00 3.00 3.001 3.00 1.00 1.00 2.00 3.002 1.50 2.501 1.501 2.00 2.50 2.50 3.00 3.00 2.50 0.50 2.50 2.00 2.00

In respect of seven other banks, as indicated below, where such scrutinies have been conducted and banks’ explanation called for, the banks’ written or oral submissions were found to be satisfactory or no violation of serious nature has been established. It has, therefore, been decided not to impose any monetary penalty but to issue only suitable cautionary letters.

2 Cautionary Letter Sl. No. 1 2 3 4 5 6 7 Name of the bank Barclays Bank PLC BNP Paribas Citibank N.A.