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      Question

      What was the amount of monetary penalty imposed by RBI on

      Kotak Mahindra Bank in 2025?
      A β‚Ή29.60 lakh Correct Answer Incorrect Answer
      B β‚Ή61.40 lakh Correct Answer Incorrect Answer
      C β‚Ή38.60 lakh Correct Answer Incorrect Answer
      D β‚Ή75.00 lakh Correct Answer Incorrect Answer
      E β‚Ή48.10 lakh Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India imposed a penalty of β‚Ή61.40 lakh on Kotak Mahindra Bank for non-compliance related to loan components and margin requirements for stock-brokers. This was part of the actions taken after the Inspection for Supervisory Evaluation (ISE 2023).

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