Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 928)

2021-05-06 Banking

928.

The RBI has imposed a penalty of how much amount on ICICI Bank for violating prudential norms in the matter of shifting of securities from one category to another?

Rs 3 crore

Rs 8 crore

Rs 2 crore

Rs 1 crore

Answer: Option

Explanation:

The RBI has imposed a monetary penalty of Rs. 3 crore on the ICICI Bank Ltd. for non-compliance with certain RBI directions in the matter of shifting of securities from one category to another.