Question
What was the primary reason for RBI imposing a ₹29.60
lakh penalty on The Hongkong and Shanghai Banking Corporation Limited?Solution
The penalty was imposed due to non-compliance with RBI Directions, 2022 on card issuance and conduct, specifically for not ensuring no negative amortization in Minimum Payment Due for certain credit card accounts.
The Reserve Bank of India (RBI) has devised a National Strategy for Financial Inclusion (NSFI) for the period of 2019 to _________.
According to Union Budget 2023-24, consider the following statements regarding indirect taxation changes made for green mobility:
1. Increa...
What percentage did Indian startup funding decrease by in 2023 compared to 2022, according to data from Tracxn?
Which company announced the launch of cobranded credit cards, Pi and Phi, in partnership with ANQ?
Which NBFC has made a tie up with State Bank of India for co-lending arrangement to lend to a priority sector.
Central government has extended the decision to keep ‘free-import’ policy for two varieties of tur and urad by _____.
Recently, the Reserve Bank of India (RBI) lifted its three-year ban on opening new branches of the following bank?
Section 112 A deals with
How much provision is required for an asset which is there in a doubtful category upto 12 months?
Atal Pension Yojana provides a minimum guaranteed pension ranging from Rs 1000 to ______ on attaining 60 years of age.