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The Reserve Bank has imposed penalties totalling Rs 44 lakh on four cooperative banks, including a Rs 16 lakh penalty on Chennai-based The Tamil Nadu State Apex Co-operative Bank, for contravention of various norms. A penalty of Rs 13 lakh has been imposed on Bombay Mercantile Co-operative Bank as it failed to transfer an eligible amount to Depositor Education and Awareness Fund (DEAF) within the prescribed period and transferred the same with delay. Moreover,a penalty of Rs 13 lakh has been imposed on Janata Sahakari Bank, Pune for non-compliance with directions on 'Interest Rate on Deposits'. A monetary penalty of Rs 2 lakh has been imposed on Baran Nagrik Sahkari Bank, Baran, Rajasthan for contravention of certain norms.
Which of the following bank was the first bank which was fully managed by Indian?
Which of the following is NOT a feature of the forex market?
What is the minimum required Net Owned Fund (NOF) for Asset Reconstruction Companies (ARCs) by March 31, 2026?
A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for…………
...Which of the following is not one of the objectives of Sustainable Development?
Which of the following statements is true about the Credit Proposal Tracking System (CPTS) for MSME loan applications?
Which of the following methods of retiring bonds before maturity is generally considered the most detrimental to the bondholders?
Marginal Standing Facility is ___________________?
The Reserve Bank of India (RBI) has devised a National Strategy for Financial Inclusion (NSFI) for the period of 2019 to _________.
Which organization has mandated custodian banks to cap intraday risk at 30% of the settlement amount for IPCs in the T+1 settlement regime?
