Question
Consider the following statements with respect to the monetary penalties been imposed by RBI on certain banks-
Consider the following statements with respect to the monetary penalties been imposed by RBI on certain banks-
I.The Reserve Bank of India has imposed a monetary penalty of Rs 6.34 crore on Bank of Baroda as it failed to ensure accuracy and integrity of data on large exposures submitted to RBI with respect to some accounts.
II.A monetary penalty of Rs 5 crore on Citibank was because the lender failed to credit the eligible amount to the Depositor Education and Awareness Fund within the prescribed time period.
III.Rs 2 crore on Indian Overseas Bank for violating norms while extending term loans to two corporate entities without undertaking due diligence on the viability and bankability of the projects. Which of the following statements is/are true ?
More BeePedia – Current Affairs Questions
- What is the theme of National Dengue Day 2025?
- What was the minimum public float requirement for listing on international stock exchanges at Gift City before the Finance Ministry reduced it recently?
- Which of the following international financial institution will provide a loan of USD 96.3 million for a project to provide safe drinking water sanitation ...
- Under the defence budget for FY 2026–27, what percentage of the capital acquisition budget was earmarked for domestic industry?
- Which company has signed an MoU with the Rajasthan Cricket Association for the development of the Anil Agarwal International Cricket Stadium in Jaipur, whi...
- What is the total capacity of the data centers being set up by Adani Group at the Vizag Tech Park in Andhra Pradesh?
- How many total sections are included in the new Income Tax (No. 2) Bill, 2025?
- Vallabhbhai Patel and ________ helped Gandhi in Kheda by organising his tour of the villages and urging the peasants to stand firm against the government.
- Under the Direct E-Commerce Credit Facility introduced for exporters, what percentage of credit guarantee coverage is provided for the working capital loan...
- What is the primary purpose of the Entity Locker launched by the Government of India?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt