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Mumbai: The Reserve Bank of India (RBI) has imposed a ₹75 lakh penalty on HDFC Bank, the country’s largest private-sector lender, for failing to comply with Know Your Customer (KYC) guidelines. The decision came after a detailed review of the bank’s response to a showcause notice and additional submissions. RBI’s investigation revealed that HDFC Bank […]
Scams & Allegations
Bengaluru: Kannada actress Harshavardhini Ranya, popularly known as Ranya Rao, has admitted to using hawala channels to purchase gold, strengthening the prosecution’s case against her in an ongoing gold smuggling investigation. During a special court hearing on Tuesday, the prosecution argued that Rao confessed to facilitating gold transactions through illegal money