📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What was the penalty imposed on the Amod Nagric

    Co-operative Bank for KYC violations?
    A ₹1 lakh Correct Answer Incorrect Answer
    B ₹1.25 lakh Correct Answer Incorrect Answer
    C ₹2.10 lakh Correct Answer Incorrect Answer
    D ₹3 lakh Correct Answer Incorrect Answer
    E ₹61.40 lakh Correct Answer Incorrect Answer

    Solution

    The RBI fined the Amod Nagric Co-operative Bank ₹1 lakh for granting loans to directors' relatives and failing to upload KYC records within the prescribed timeline.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call