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  • Deutsche Bank, State Bank of India, banks fined crores over violating kyc norms, Indian overseas bank

    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: Central Bank of India, Central bank, State Bank of India, Central Bank of India

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    Indian Overseas Bank, depreciation, foreign education a dream for indian students, Indian overseas bank

    Foreign Education: A Dream for Indian Students 06 January 2012

    In a country like India where a majority of students aim at studying in abroad were affected the most due to the falling rupee. The fall in rupee has raised the costs of foreign educations forcing the students to dig...

    Keywords: Indian Overseas Bank, off take of education loans, studying in abroad, depreciation

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