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    Question

    Recently the Reserve Bank has imposed a monetary penalty

    on which of the banK worth Rs 5.72 crore?
    A Yes Bank Correct Answer Incorrect Answer
    B Kotak Mahindra Bank Correct Answer Incorrect Answer
    C Axis Bank Correct Answer Incorrect Answer
    D Federal Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The central bank has imposed this penalty due to non compliance of RBI Directions 2016 by the Federal Bank.

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