Which of the following statements about the penalties imposed on Federal Bank Limited and Karur Vysya Bank Limited by the Reserve Bank of India (RBI) in February 2025 is/are correct?

A) Federal Bank was fined Rs. 27.30 lakh for non-compliance with RBI directions on the loan system for bank credit delivery.
B) Karur Vysya Bank was penalized for non-compliance with RBI's directions on interest rates for deposits.
C) Both Federal Bank and Karur Vysya Bank were penalized under Section 47A(1)(c) of the Banking Regulation Act, 1949.