Question
How many private sector banks were penalized by the RBI
in FY25?Solution
In FY25, the RBI penalized 15 private sector banks, with total fines amounting to ₹14.8 crore. These penalties were part of a broader regulatory action involving 353 penalties totaling ₹54.78 crore, imposed on various regulated entities for lapses in areas like KYC, cybersecurity, and credit reporting.
Match the following:
A) IMPS P) Fund transfer
B) NDS (Negotiated Dealing system) Q) Transfer of govt benefits
C) UPI R) Virtual Pay...
Terminals which allow & deposits, withdrawals etc are called
RBI was initially constituted to ___________.
Who is the present MD and CEO of AU Small Finance Bank ?
Match the following:
A) Bank Rate P) Minimum interest rate bank is allowed to charge
B) Base Rate Q) Price of a ...
A Non Resident External Rupee(NRE) account can be opened by any individual residing outside India. Which of the following facility is not attached to N...
Which of the following acts empowers RBI to regulate Non-Scheduled Banks?
The Reserve Bank of India was taken over by the Government in
Perimeter of a square and circumference of a circle are in the ratio 5:11, respectively. If area of the square is 25 cm2, then find the radiu...
In the full form of IBBI, ‘I’ stands for __________
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