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The Reserve Bank of India imposed a fine of Rs ________ on Indian Bank for violating cybersecurity norms on 11 December 2018.

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The Reserve Bank of India imposed a fine of Rs ________ on Indian Bank for violating cybersecurity norms on 11 December 2018.


1). 1 crore
2). 50 lakhs
3). 5 crores
4). 75 lakhs


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  • The Reserve Bank of India imposed a fine of Rs 1 crore on Indian Bank for violating cybersecurity norms on 11 December 2018.
  • This penalty has been imposed in the exercise of powers vested in RBI under the provisions of the Banking Regulation Act, 1949.
  • RBI said that this action is based on deficiencies in regulatory compliance.

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