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    Question

    What was the penalty amount imposed by RBI on ICICI Bank

    for regulatory violations including delayed cyber incident reporting?
    A ₹29.60 lakh Correct Answer Incorrect Answer
    B ₹50.25 lakh Correct Answer Incorrect Answer
    C ₹97.80 lakh Correct Answer Incorrect Answer
    D ₹84.75 lakh Correct Answer Incorrect Answer
    E ₹110.00 lakh Correct Answer Incorrect Answer

    Solution

    Explanation: The RBI imposed a penalty of ₹97.80 lakh on ICICI Bank for non-compliance with guidelines related to cybersecurity, KYC, and credit card billing issues.

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