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RBI has imposed a monetary penalty of Rs 36 lakh on Central Bank of India for non-compliance with certain directions of the central bank. The order was issued on April 18, 2022. Central Bank of India has been penalised for failing to comply with directions issued by RBI on 'Customer Protection-Limiting Liability of Customers in Unauthorised Electronic Banking Transactions', RBI noted that the penalty has been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with section 46 (4) (i) and section 51(1) of the Banking Regulation Act, 1949. RBI statutory Inspection for Supervisory Evaluation (lSE) of CBI was conducted by the RBI with reference to its financial position as of March 31, 2020.
As per a study conducted by Motilal Oswal Financial Services, which company emerged as the top wealth creator in the period spanning from 2018 to 2023?
Statements:
1. India identified 641 new animal species and 339 new plant taxa in 2023.
2. The Western Ghats contributed 14% of the new dis...
What is the total financial assistance provided under the Lek Ladki Yojana (Dear Daughter scheme) approved by the Maharashtra government for families wi...
Which company has collaborated with Cisco to launch Artificial Intelligence-enabled Meeting Rooms on a subscription model that will enable users to join...
Which mountain’s name did Donald Trump reinstate to ‘Mount McKinley’ from ‘Denali’?
What is the primary aim of the Periyar memorial renovation in Vaikom?
What is the significance of the SAARC Currency Swap Facility?
How many people will undergo universal screening for Sickle Cell Anemia under the new mission?
What recent acquisition has been approved by the Competition Commission of India (CCI)?
Which of the following is NOT an objective of ‘YUVA PRATIBHA - Culinary Talent Hunt’?
I. To promote culinary talent of Indian youth.
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