Top banks come under black money cloud

Online media firm Cobrapost today alleged managers of the country’s top-three private banks by market capitalisation — ICICI Bank, HDFC Bank and Axis Bank — had been offering ‘money laundering’ as products to people looking to park black money. “They are offering it as a product —  one without brochure,” said Cobrapost Founder & Chief Editor Aniruddha Bahal.

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