RBI has imposed how much monetary penalty on Manappuram Finance Limited for non-compliance with Know Your Customer?

• A. Rs 90 lakh
• B. Rs 10.50 lakh
• C. Rs 52.56 lakh
• D. Rs 17.63 lakh

Answer: (D)

RBI imposed a Rs 17.63 lakh monetary penalty on Manappuram Finance for non-compliance with KYC, and PPI norms.