Question
Which co-operative bank was fined ₹10 lakh by RBI for
selling insurance products without adequate disclosure?Solution
RBI imposed monetary penalties on several co-op banks for compliance failures. Among them, Gayatri Co-operative Urban Bank received the highest penalty of ₹10 lakh for selling insurance products without proper transparency. These penalties highlight RBI’s strict enforcement of regulatory norms
Any security provided to the bank in exchange for a loan is known as ______.
From which city the Women's Tri-Services Motorcycle Rally was flagged off to mark the 24th Kargil Vijay Diwas?
- The Assam government and AASU have reached a consensus on how many recommendations from the Assam Accord Committee report?
What was the main feature of the logo designed by Shri Shaurya Pratap Singh for the IHRC?
Where was India’s Phenome India National Biobank inaugurated?
Consider the following statement about Mission Saksham Anganwadi and Poshan 2.0.
I. Pre-school Kit/ECCE is one of the sub-components of Saksham A...
Skateboarding, surfing and rock climbing have officially been added to the ________ Los Angeles Olympics.
The ‘INSPIRE’ program extends the existing perks, including preferential interest rates, priority banking services, and doorstep banking facilities,...
Where was India’s first cooperative multi-feed Compressed Biogas (CBG) plant inaugurated?
Who has been appointed Deputy National Security Adviser to handle internal affairs?
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