Reserve Bank of India has imposed a fine of Rs 1 crore on this bank fo – InterviewSolution

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1.	Reserve Bank of India has imposed a fine of Rs 1 crore on this bank for violating cybersecurity norms.
Answer» The Reserve Bank of India has imposed a fine of Rs 1 crore on Indian Bank for violating cybersecurity norms. The contravention is with regard to RBI's directions on Frauds - Classification and Reporting by Commercial Banks.

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