Question

What is the name of the section under which RBI imposed penalties on cooperative banks for regulatory non-compliance?

A Section 35A of Banking Regulation Act, 1949
B Section 42(6)(a) of RBI Act, 1934
C Section 47A(1)(c) of Banking Regulation Act, 1949
D Section 22(1)(b) of Companies Act, 2013
E Section 26A of RBI Act, 1934
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