Is the violation of banking norms far more widespread than believed?

Rajdeep Sardesai, CNN-IBN | Jun 18, 2013 at 11:32pm


After the Reserve Bank of India (RBI) fined ICICI, HDFC and Axis banks for flouting customer norms, highlighted by a Cobrapost expose, the latest sting operation by the online magazine exposes how some employees in two foreign banks in India have also been involved in accepting black money and agreeing to launder it.