Question
Which regulatory body imposed fines on Axis Bank and
HDFC Bank for failing to adhere to specific guidelines?Solution
The Reserve Bank of India (RBI) recently fined Axis Bank ₹1.91 crore and HDFC Bank ₹1 crore for not complying with norms concerning KYC and unique customer identification codes, aiming to strengthen banking oversight.
IRDAIÂ has relaxed norms for 'surety bonds', a type of insurance policy protecting parties involved in a transaction or contract from potential financi...
In a Window-based computer, two files cannot be in the same folder if?Â
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