Question
Which bank was fined ₹3 lakh for granting loans to
directors and non-compliance with Customer Due Diligence (CDD)?Solution
The Sundargarh District Central Co-operative Bank Ltd. was fined ₹3 lakh by the RBI for granting loans to directors, not transferring unclaimed amounts to the Depositor Fund, and violating CDD norms during account opening.
The Insolvency and Bankruptcy Board of India (IBBI) celebrated its 8th Annual Day on 1st October 2024. Which of the following is a key mandate of IBBI a...
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Who became the second richest person in the world in 2024, according to the Bloomberg Billionaires’ Index, and what was his net worth?
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Ministry of Ayush has signed a Memorandum of Understanding (MoU) with _____________ to work together for the promotion of Medical Value Travel in Ayurv...
What process primarily causes the rusting of iron?
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