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What was the reason behind the RBI's imposition of a

Q: Answer-What was the reason behind the RBI's imposition of a monetary penalty on Omkar Nagreeya Sahkari Bank...

The RBI imposed a penalty on Omkar Nagreeya Sahkari Bank for non - compliance specifically related to offering higher interest rates on deposits than those permitted .

monetary penalty on Omkar Nagreeya Sahkari Bank Ltd . , Kanpur?

A Fraudulent transactions

B Non-compliance with deposit interest rate norms

C Mismanagement of bank funds

D Inadequate customer service

E Lack of digital banking facilities

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What was the reason behind the RBI's imposition of a

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