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    Question

    RBI has imposed a penalty of ₹2.27 crore based on the

    deficiencies in regulatory compliance on which Bank?
    A HDFC Correct Answer Incorrect Answer
    B ICICI Correct Answer Incorrect Answer
    C IDFC First Correct Answer Incorrect Answer
    D RBL Correct Answer Incorrect Answer
    E Yes Bank Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹2.27 crore on RBL Bank Limited for non-compliance with certain provisions of the directions. According to the RBI, the action is based on the deficiencies in "regulatory compliance" observed relating to the period FY 2018-19 to FY 2021-22.

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