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      Question

      Which bank was penalized by RBI for offering gifts and

      contacting customers outside 7 PM to 7 AM?
      A Axis Bank Correct Answer Incorrect Answer
      B ICICI Bank Correct Answer Incorrect Answer
      C SBI Correct Answer Incorrect Answer
      D HDFC Bank Correct Answer Incorrect Answer
      E Yes Bank Correct Answer Incorrect Answer

      Solution

      RBI penalized HDFC Bank β‚Ή1 crore for offering gifts in the form of paying first-year life insurance premiums on deposits and contacting customers outside the 7 PM to 7 AM window.

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