Question

The RBI has imposed a penalty of ________ on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to fraud classification and reporting.

A Rs.81.23 lakh Correct Answer Incorrect Answer
B Rs.82.33 lakh Correct Answer Incorrect Answer
C Rs.84.50 lakh Correct Answer Incorrect Answer
D Rs.85.50 lakh Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

   The RBI has imposed a penalty of Rs 84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to frauds classification and reporting.

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