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Discussion :: Banking

  1. RBI imposes Rs 1 Crore Penalty on which bank for violating norms?

  2. A.
    HDFC
    B.
    PNB
    C.
    ICICI
    D.
    SBI

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    Answer : Option D

    Explanation :

    the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the State Bank of India (SBI) or violating subsection (2) of section 19 of the Banking Regulation Act, 1949.


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