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      Question

      Which bank was penalized for routing unauthorized

      entries through internal or office accounts?
      A ICICI Bank Correct Answer Incorrect Answer
      B Axis Bank Correct Answer Incorrect Answer
      C IDBI Bank Correct Answer Incorrect Answer
      D Bank of Maharashtra Correct Answer Incorrect Answer
      E Canara Bank Correct Answer Incorrect Answer

      Solution

      Axis Bank was fined β‚Ή29.60 lakh for violating RBI’s guidelines by routing unauthorized entries via internal/office accounts, a practice that can compromise financial integrity and transparency.

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