FinCEN files: Major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI, authorities


Illustration: Ajay Mohanty

Between 2010 and 2017, several transactions went through Indian banks that were flagged as top-secret ‘Susp­icious Activity Reports’ or SARs by the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN)

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First Published: Sep 21 2020 | 12:27 PM IST

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