New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which bank was penalized by RBI for offering gifts and

    contacting customers outside 7 PM to 7 AM?
    A Axis Bank Correct Answer Incorrect Answer
    B ICICI Bank Correct Answer Incorrect Answer
    C SBI Correct Answer Incorrect Answer
    D HDFC Bank Correct Answer Incorrect Answer
    E Yes Bank Correct Answer Incorrect Answer

    Solution

    RBI penalized HDFC Bank ₹1 crore for offering gifts in the form of paying first-year life insurance premiums on deposits and contacting customers outside the 7 PM to 7 AM window.

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