2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For how many banks, RBI fined for violating certain regulatory guidelines?
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4
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2
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5
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8
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Explanation:
Detailed explanation-1: -The Reserve Bank of India (RBI) on Monday informed that it has imposed monetary penalties on nine cooperative banks from six states for non-compliance with various provisions.
Detailed explanation-2: -This month, the central bank imposed monetary penalties ranging from ₹ 25,000 to ₹ 3.1 lakh on nine cooperative banks on account of non-compliance of its guidelines.
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