"This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers." read the statement from the Central Bank
source https://economictimes.indiatimes.com/industry/banking/finance/banking/reserve-bank-of-india-imposes-rs-10-crore-penalty-on-hdfc-bank/articleshow/83037836.cms
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