Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 205)

2023-10-22 Banking

205.

The Reserve Bank of India (RBI) has imposed a penalty of ₹12 crore on which bank for breaching rules related to the code of conduct for the bank's directors and for failing to report fraud incidents?

HDFC Bank

ICICI Bank

Axis Bank

Kotak Mahindra Bank

Answer: Option

Explanation:

The RBI imposed a penalty of ₹12 crore on ICICI Bank for breaching rules related to the code of conduct for the bank's directors and for failing to report fraud incidents.