2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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RBI has imposed a monetary penalty of Rs 93 lakh on which bank?
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Kotak Mahindra Bank
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Axis Bank
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Yes Bank
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ICICI Bank
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Explanation:
Detailed explanation-1: -RBI imposes monetary penalty of Rs 93 lakh on Axis Bank for non-compliance of directions | Business Standard News.
Detailed explanation-2: -RBI imposes penalties on Axis Bank, IDBI Bank A monetary penalty of Rs 93 lakh has been imposed on Axis Bank for non-compliance of certain directions issued by RBI.
Detailed explanation-3: -The Reserve Bank of India (RBI) has, by an order dated December 12, 2022, imposed a monetary penalty of ₹2.66 crore (Rupees Two crore sixty-six lakh only) on Bank of Bahrain & Kuwait BSC, India Operations (the bank) for non-compliance with directions issued by RBI on “Cyber Security Framework in Banks”.
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