RBI's imposition of a ₹13,180,000 penalty on Tamilnad Mercantile Bank Limited was due to several failures including benchmarking interest rates on certain loans to MSMEs to an external benchmark lending rate, adopting multiple benchmarks within the same loan category, improperly pricing floating rate loans, and incorrectly reporting borrower ratings to CRILC. This move underscores RBI's stringent compliance requirements to ensure transparency and fairness in banking operations .
Presently, Jai Kumar Garg is the CEO and MD of ___________
The largest Private sector Bank in India (Branch wise) is
NHB RESIDEX is the contries first official housing price index. In this reference, clock which is correct?
I. HPI@ mark price is based on actual ...
A Scheduled Bank is included in the
What is the full form of the term LIBOR as used in financial/banking sector?
In 1921, three Banks were merged into one Bank i.e, Imperial Bank. They are:
Which of the following tax generates the maximum amount of revenue for the government of India?
Axis Bank has its Head office in __________ and Registered office in _________ .
’Namami Gange Jagriti Yatra’’ is a new awareness drive has been launched by which of the following state?
Expand the term ALM as used in Banking/Finance sector.
