Current Affairs - Banking - Discussion
Discussion Forum : Banking - Latest Current Affairs (Q.No. 1681)
1681.
Reserve Bank of India has imposed a fine of Rs 1 crore on this bank for violating cybersecurity norms.
Answer: Option
Explanation:
The Reserve Bank of India has imposed a fine of Rs 1 crore on Indian Bank for violating cybersecurity norms. The contravention is with regard to RBI's directions on Frauds - Classification and Reporting by Commercial Banks.
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