The Reserve Bank of India has imposed a penalty of Rs 5 crore on Karur Vysya Bank for non-compliance of its directives on Income Recognition and Asset Classification (IRAC).

Question

The Reserve Bank of India has imposed a penalty of Rs 5 crore on which of the following banks for non-compliance of its directives?

Accepted Answer

The Reserve Bank of India has imposed a penalty of Rs 5 crore on which of the following banks for non-compliance of its directives?

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