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      Question

      In March 2026, the RBI imposed penalties exceeding Rs. 2

      crore on banks and which fintech company?
      A Paytm Correct Answer Incorrect Answer
      B Razorpay Correct Answer Incorrect Answer
      C Pine Labs Limited Correct Answer Incorrect Answer
      D PhonePe Correct Answer Incorrect Answer
      E MobiKwik Correct Answer Incorrect Answer

      Solution

      The RBI imposed penalties on several entities including Pine Labs Limited for regulatory non-compliance.Β 

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