___________ bank has been penalized by the Reserve Bank of India(as of May 2023) for violating the Credit Information Companies Rules, 2006?

May 11, 2023

Daily Quiz on Current Affairs 11 May 2023

(a) Axis Bank

(b) HDFC Bank

(d) HSBC Bank

Ans.(d)

Sol. The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 1.73 crore on the Hongkong and Shanghai Banking Corporation Ltd (HSBC Bank) for violating the Credit Information Companies Rules, 2006.