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RBI fines HSBC over FEMA violations | India News – Times of India

Post author:1m1bchangemakers
Post published:May 30, 2024
Post category:Business
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MUMBAI: RBI on Wednesday imposed a fine of Rs 36.4 lakh on foreign lender HSBC for Foreign Exchange Management Act (FEMA) violations. RBI said reporting requirements under the Liberalised Remittance…