4. Canara Bank

Penalty Amount: 3.01 Crore

Canara Bank is fined with 3.01 Crore by the Reserve Bank of India. The bank is an Indian bank headquartered in Bangalore, Karnataka. Canara Bank is an Indian bank headquartered in Bangalore, Karnataka. It was established in 1906, making it one of the oldest banks in the country.

5. Central Bank of India

Penalty Amount: 3.00 Crore

Central Bank of India is one of the oldest and largest commercial banks in India. With headquarters in Mumbai, the bank has 4100 branches and 270 extension counters across 27 Indian states and three Union Territories.

Central Bank of India is fined with 3.00 Crore by the Reserve Bank of India.

6. Deutsche Bank A.G.

Penalty amount: 1.00 Crore

Deutsche Bank AG is a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt, Germany. Deutsche Bank A.G. is fined with 3.00 Crore by the Reserve Bank of India.

Also Read:

Indian CEOs Among Global 500 CEOs Playing Big In Strange Lands

World's 5 Most Successful Financial Hubs By 2015