Question

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

Practice Next

More Beepedia Questions

Gypsum is recommended in cultivation of:
Adsali crop of sugarcane takes a period of maturity of
Which stage of the product life cycle causes the profit to improve substantially?
SO₂ is:
The receptor of brassinosteroid
Which one of the following is not a measure to reduce the risk?
Which fungal disease affects the seedling emergence from the soil in two phases, namely pre-emergence and post-emergence damping-off?
What is the function of the crop in the foregut of insects?
What is the goal of the “Attracting and Retaining Youth in Agriculture (ARYA)” scheme?
Which of the following member is not involved in the Authority of APEDA?

Relevant for Exams:

RBI Grade B

OICL AO Legal

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

Solution

Relevant for Exams: