India’s anti-money laundering agency has fined Standard Chartered Plc with how much money?

India’s anti-money laundering agency has fined Standard Chartered Plc with how much money? Correct Answer  1 billion rupees

The correct answer is 1 billion rupees.

  • India’s anti-money laundering agency has fined Standard Chartered Plc 1 billion rupees ($13.6 mn).
  • It was fined for breaking foreign exchange rules when it worked on the takeover of a local bank, marking one of the country’s biggest penalties imposed on an overseas lender.
  • An eight-year probe found that Standard Chartered violated the foreign exchange management act, during 2007.

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