Question
Which bank was penalized by RBI for offering gifts and
contacting customers outside 7 PM to 7 AM?Solution
RBI penalized HDFC Bank ₹1 crore for offering gifts in the form of paying first-year life insurance premiums on deposits and contacting customers outside the 7 PM to 7 AM window.
Which of the following is called Prepaid Payment Instrument (PPI)?Â
What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
Which of the following is not a regulator of financial sector
What is the name of RBI’s campaign promoting safe banking practices?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is the purpose of the recent partnership between SIDBI, C2treds, and UGRO Capital?
Open market operations, one of the monetary measures taken by RBI is:
Which committee is responsible for deciding the Repo Rate in India?
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
What was the specific reason RBI imposed a penalty of ₹31.80 lakh on Bank of Maharashtra?
