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Question
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?
Options:
A .  Rs 3 crore
B .  Rs 1 crore
C .  Rs 2 crore
D .  Rs 8 crore
Answer: Option A

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.



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