Question
How much penalty was imposed by RBI on Sikkim State
Co-operative Bank Ltd. in September 2025 for KYC non-compliance?ÂSolution
The Reserve Bank of India imposed a monetary penalty of ₹50,000 on Sikkim State Co-operative Bank Ltd. for not uploading customer KYC records to the Central KYC Records Registry (CKYCR) within the prescribed timeline. The penalty was imposed under Section 47A(1)(c) of the Banking Regulation ActÂ
In which Bank/Banks one can deposit money in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS) -
Match the following:
A) Authorised Capital P) for which company has received applications
B) Subscribed capital Q) Now shareholders
Which of the following statement is/are NOT correct with respect to Non-Banking Financial Companies (NBFCs)?
RBI recently noticed misleading advertisements of unauthorised Electronic Trading Platforms (ETPs) offering forex trading facilities to Indian residents...
What has been the recent trend in the Year-on-Year (YoY) profit growth of Indian Public Sector Banks?
About the function of derivatives, which of the following is not correct?
Which of the following is considered Non Tax Revenue of the Govt., of India as projected in the Union Budget?
GIFT City, located in Gandhinagar district, is India's first smart city and international financial services centre. GIFT stands for
When the central bank (RBI) sells stocks and bonds in the market, the amount of money in the bank _______.
Where is India’s first ferret research center (or similar specialized veterinary facility) notably mentioned?