The fine was imposed in the exercise of powers vested in the RBI under the provisions of Section 47 A (1) (b) of the Banking Regulation Act, 1949.
Did you participate in the Mumbai Marathon 2006? Tell us about it.
To mark its 150th year of inception, Standard Chartered Bank would strengthen its presence in the country and open 23 new branches and 81 ATMs in this calendar year.
Around 30,000 runners are expected to participate in the third edition of the Standard Chartered event.
The FIR also said chairman of New Development Bank K V Kamath, Goldman Sachs India chairman Sonjoy Chatterjee, Standard Chartered Bank CEO Zarin Daruwala, Tata Capital head Rajiv Sabharwal and Tata Capital senior advisor Homi Khusrokhan need to be investigated.
Standard Chartered Bank, which has completed 10 years in credit card business in India, has introduced an equated monthly instalment card.
The legendary runner lamented the fact that today's crop 200 and 400 metres runners lack consistency.
Henry Wanyoike is a strong favourite for the 21 kms half marathon.
Our readers write in with suggestions and tips on how to make your credit card work for you.
Mumbai Marathon Race Director Hugh Jones said the Mumbai event will not have timings as good as those of the London or Chicago marathons.\n\n
Private airline Air Sahara on Wednesday launched a credit card with Standard Chartered Bank as part of efforts to improve passenger traffic and boost revenues.
Citibank is no longer quite the king of the Indian credit card market. It has been dethroned by ICICI Bank, which now claims it has 3 million credit cards.
The Railways lass improved upon her mark of 3.51 metres by four centimeters to win the women's pole vault at the Open National Athletics Championships.
The Karnataka lass set a new meet record on the second day of the Open National athletics championships.
K C Ramu and Sarabjit Kaur emerged best respectively among Indian men and women runners.
