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    Question

    How many private sector banks were penalized by the RBI

    in FY25?
    A 10 Correct Answer Incorrect Answer
    B 12 Correct Answer Incorrect Answer
    C 15 Correct Answer Incorrect Answer
    D 8 Correct Answer Incorrect Answer
    E 6 Correct Answer Incorrect Answer

    Solution

    In FY25, the RBI penalized 15 private sector banks, with total fines amounting to тВ╣14.8 crore. These penalties were part of a broader regulatory action involving 353 penalties totaling тВ╣54.78 crore, imposed on various regulated entities for lapses in areas like KYC, cybersecurity, and credit reporting.

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