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    5. How much penalty has been imposed on SBM Bank (India) by the Reserve Bank of India?

    Question

    How much penalty has been imposed on SBM Bank (India) by

    the Reserve Bank of India?
    A Rs 8.87 lakh Correct Answer Incorrect Answer
    B Rs 88.70 lakh Correct Answer Incorrect Answer
    C Rs 887 lakh Correct Answer Incorrect Answer
    D Rs 8,870 lakh Correct Answer Incorrect Answer
    E None of These Correct Answer Incorrect Answer

    Solution

    The RBI imposed a penalty of Rs 88.70 lakh on SBM Bank (India) for non-compliance with certain regulatory norms.

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