In May 2021, the Reserve Bank of India (RBI) has imposed a monetary pe – McqOptions

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1.	In May 2021, the Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 crore each on which of the following banks?
A.	City Union Bank and Tamilnad Mercantile Bank
B.	Tamilnad Mercantile Bank and Karur Vysya Bank
C.	Canara Bank and Tamilnad Mercantile Bank
D.	City Union Bank and Karur Vysya Bank
E.	CSB Bank and Canara Bank
Answer» B. Tamilnad Mercantile Bank and Karur Vysya Bank

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