Question

The Reserve Bank of India (RB

  • I imposed a penalty of ₹28.30 lakh on SG Finserve Ltd for which violation?
A Not adhering to Priority Sector Lending norms
B Extending loans beyond approved limits
C Non-compliance with conditions of its Certificate of Registration (CoR)
D Failing to maintain adequate reserves
E Delayed submission of financial statements
Practice Next

Hey! Ask a query