Peanut penalty and reputation risks for banks

Is it becoming a routine affair, like being fined by the traffic police for jumping the red light or by a TTE for travelling without a ticket on a Mumbai local?

Last week, the Reserve Bank of India (RBI) slapped a Rs 1-crore penalty on the State Bank of India for delay in reporting fraud in one account.
 
On the same day, the banking regulator also penalised Standard Chartered Bank-India Rs 1.95 crore for not complying with its directions on multiple issues, including customer protection in regard to unauthorised electronic banking transactions, cybersecurity and credit card operations.
 
Interestingly, a decade ago, in April 2011, as many as 19 banks were penalised Rs 1.95 crore for violating norms for derivatives transactions. Six banks were penalised Rs 15 lakh each, while