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NDTV PROFIT - LATEST · INDIAN ·

RBI Compounds FEMA Violations In Apollo Hospitals Case After Rs 18.6-Crore Payment

As reported by NDTV Profit - Latest
Apollo Hospitals pays Rs 17.77 crore, while five directors/officers pay Rs 18 lakh each after RBI compounds FEMA contraventions following ED's no-objection.
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Apollo Hospitals has paid Rs 17.77 crore, while five of its directors/officers each paid Rs 18 lakh, totaling Rs 18.6 crore. This action came after the Reserve Bank of India compounded FEMA contraventions, following a no-objection from the Enforcement Directorate. The payments…

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