Which regulatory body imposed a penalty on Daimler Financial Services India and KKR India Financial Services for non-compliance with laws? A. Reserve Bank of India (RBI) B. Competition Commission of India (CCI) C. Insurance Regulatory and Development Authority D. Securities and Exchange Board of India (SEBI) Answer Workspace Report Discuss Answer with explanation Answer: Option A Explanation The RBI on Friday imposed a penalty of Rs 5 lakh each on Daimler Financial Services India and KKR India Financial Services for non-compliance with directions related to ‘monitoring of frauds in NBFCs’ Workspace
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