The Reserve Bank of India has imposed how much penalty on Axis Bank for failure to comply with Know Your Customer (KYC) regulations after RBI’s Inspection for Supervisory Evaluation (ISE) for its financial position as of March 31, 2022?
The Reserve Bank of India (RBI) has levied monetary penalties on Axis Bank and Manappuram Finance, citing non-compliance with certain regulations of the central bank. Axis Bank was fined Rs 90.92 lakh as the RBI found from its Inspection for Supervisory Evaluation (ISE) for its financial position as of March 31, 2022, that the lender failed to comply with Know Your Customer (KYC) regulations.
Which of the following is/are key policy rates used by RBI to influence interest rates?
A).Bank Rate and Repo Rate
B).Reverse Repo Rate
C).CRR and SLR
Many times we read a term CBS used in banking operation. What is the full form of the letter ‘C’ in the term ‘CBS’?
Which of the following is not the function of ATM?
Any rupee note, which has a political slogan is not a legal tender as per.
Which of the following state tops the list in sales of electric vehicles across all segments which have availed of the FAME II subsidy?
Which committee is related to the Reforms related to Non-Banking Financial Companies (NBFC)?
Which of the following is true about role of Banks?
I. It facilitates import export transactions.
II. It helps in national developmen...
Uttarakhand Gramin Bank established after the amalgamation of
Exim Bank was established in the year
IFSC is the eleven digit alphanumeric code in which fifth digit is always