Question

    Which bank was penalized by the RBI for regularizing

    NPAs without proper repayment sources?Ā 
    A Government Employees Co-operative Bank Correct Answer Incorrect Answer
    B Shahada Peoples Co-operative Bank Correct Answer Incorrect Answer
    C Sahyadri Sahakari Bank Correct Answer Incorrect Answer
    D Motiram Agrawal Jalna Merchants Co-operative Bank Correct Answer Incorrect Answer
    E Kalupur Commercial Co-operative Bank Correct Answer Incorrect Answer

    Solution

    RBI fined Shahada Peoples Co-operative Bank ā‚¹2 lakh for violating asset classification norms by regularizing NPAs improperly.Ā 

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