47. On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'? A. IndusInd Bank B. HDFC Bank C. Punjab National Bank D. SBI
Answer: Option A Explanation: RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
