Question
What was the total penalty imposed by the RBI on
Tamilnad Mercantile Bank Limited for non-compliance with directives on 'Interest Rate on Advances' and 'Central Repository of Information on Large Credits (CRILC) - Revision in Reporting'?Solution
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 .
In the questions given below, a part of the sentence is given in bold. Below each sentence, some phrases are given which can substitute the bold part ...
- In the questions given below, a part of the sentence is underlined. Below each sentence, some phrases are given which can substitute the bold part. Identif...
When you are in the water, you have to focusing on rhythmic movements and on your breathing that makes you tune out the rest of the world
India will not export the raw materials to China even though China might say that they will reduce the levy on imported goods.
Of the four given options, choose the most appropriate one.
Substitute the bold words with the best option to improve the sentence.
It depends whether if the applicant performs well in the interview.
...To get into the building, I'll disguise as a reporter.
They didn't pay any heed to their superior's instructions. I did neither.
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For several decades, successful governments in Karnataka have attempted to make it necessitates for students to learn Kannada as a subject.
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