Updated On: 14 December, 2016 08:31 AM IST | | Agencies
<p>With more and more instances of money laundering and fraudulent currency exchange surfacing</p>


With more and more instances of money laundering and fraudulent currency exchange surfacing, RBI yesterday warned of stern action against wrongdoers and asked banks to carry out a thorough central data checking, while it suspended a "junior functionary" who is being investigated.