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.
A, B and C invest in a partnership in the ratio 5:4:7 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
Humpty opened a workshop investing Rs.80,000. He invested additional amount of Rs.10,000 every year. After two years his friend Bunty joined him with a...
"Ankita" invested Rs. 4,000 to launch a business. After ten months, "Vicky" joined him and contributed Rs.6000, while "Ankita" added another Rs.1000 to ...
Nina, Omar, and Paula invest in the business in the ratios of 9:5:p, respectively, and their time periods are 2 months, 3 months, and 4 months, respecti...
"Arun and Bharat started a business together with a combined investment of Rs. 3000. After the first year, Arun withdrew Rs. 400 ...
A and B enter into a partnership with their initial sum of Rs.32000 and Rs.40000 respectively. After 8 months, a third person C also joins them with his...
A, B and C enter into a partnership, A invest 2y + 5000, B invest y+ 15000 and C invest 5y + 2000 for one year if B share is 10000 from total profit of ...
‘A’ launched a business with an initial investment of Rs. 12,000. After ‘M’ months, ‘B’ became a partner by contributing Rs. 20,000. By the ...
Together, "Arjun" and "Vicky" invested Rs. 12,000 and Rs. 8,000 in a firm. After eight months, "Vicky" added Rs. 2000 to his initial investment, whereas...
If the ratio of time periods of investment of A and B is 5:7, profit at the end of the year is Rs.100000 and A’s share in it is Rs.20000, then what is...
