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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 .
The income of ‘A’ increases by 20% every year. If the present income of ‘A’ is Rs. 23040 and his expenditure 2 years ago from now was Rs. 10500,...
Rahul saves Rs. 7200 more if he spends 65% of his income instead of 85%. Find the savings of Sumit whose income is 25% more than that of Rahul, and spen...
A and B together have total of Rs.5000 out of which they donated 10% to the orphanage school. The remaining amount is to be then redistributed between t...
A fruit seller bought 186 bananas at the rate of ₹72 per dozen. He found that 36 bananas were rotten and could not be sold. He sold the remaining bana...
A commodity's price rises by 32%, and as a result, a person reduces their consumption by 15%. What is the overall change (percentage increase or decreas...
In a class of 60 students and 15 teachers, each student got gifts that were 40% of total number of l7students and each teacher got gifts that were 30% o...
A certain value is initially increased by 40% and then reduced by 25%. Determine the overall percentage change in the initial value.
In a job fair, 50% of the people are graduates, one fifth of them are post graduates and rest are double graduates. If three-fourth of the graduates, 60...
The marks obtained by A is 25% more than B, and the marks obtained by C is 140 more than the difference of the marks obtained by A and B. If C obtained ...
The total strength of school A is 20% more than that of school B. In school A and B, out of total number of students, 20% and 40% respectively are girls...