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    Question

    The RBI has imposed a penalty of Rs 84.50 lakh

    on_______  for non-compliance with certain provisions of norms related to fraud classification and reporting.
    A Union Bank of India Correct Answer Incorrect Answer
    B Punjab National Bank Correct Answer Incorrect Answer
    C Central Bank of India Correct Answer Incorrect Answer
    D Bank of India Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The RBI has imposed a penalty of Rs 84.50 lakh on Central Bank of India (the bank) for non-compliance with certain provisions of norms related to frauds classification and reporting.

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