Deutsche Bank: Current Affairs, GK & News - 2020-2021

RBI imposes penalty on 5 foreign banks for violating FEMA rules

Published: December 22, 2016

The Reserve Bank of India (RBI) has slapped a fine on five foreign banks, namely, Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and The Royal Bank of Scotland for violating reporting requirements of the Foreign Exchange Management Act, 1999 (FEMA). Germany’s Deutsche Bank has been imposed a fine of Rs ..

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Ravneet Gill will be new CEO of Deutsche Bank India

Published: August 2, 2012

Ravneet Gill appointed as new CEO of the bank’s Deutsche Bank for its Indian operations. Mr. Gill replaced Gunit Chadha, who was elevated as co-chief executive of Asia Pacific along with AlanCloete.

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