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    Question

    On which bank has the Reserve Bank of India (RBI)

    imposed a penalty of Rs 1.4 crore for non-compliance of certain regulatory norms in March 2024?
    A Indian Overseas Bank Correct Answer Incorrect Answer
    B Bank of Baroda Correct Answer Incorrect Answer
    C Bank of India Correct Answer Incorrect Answer
    D Axis Bank Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.4 crore on Bank of India for non-compliance with certain regulatory norms in March 2024┬а .

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