26.RBI has appointed an external firm to audit HDFC Bank under the provisions of which act? [A] RBI Act [B] Banking Regulation Act [C] Negotiable Instruments Act [D] Information Technology Act
RBI has appointed an external professional IT firm for carrying out a special audit of the entire IT infrastructure of the bank under Section 30 (1-B) of the banking regulation Act, 1949 (“the Act”), at the cost of the bank under Section 30 (1-C) of the Act”.
