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The Reserve Bank of India has imposed a penalty on Dhanlaxmi Bank, Punjab & Sind Bank and ESAF Small Finance Bank for non-compliance of banking rules. It has levied Rs1.2 crore on private sector Dhanlaxmi Bank for three violations. Further, a fine of Rs 1 crore has been imposed on Punjab and Sind Bank for non-compliance with certain directions on 'Loans and Advances Statutory and Other Restrictions'. The central bank has also imposed a penalty of Rs 29.55 lakh on ESAF Small Finance Bank for non-compliance with the directions issued by it on 'Customer Service in Banks'.
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‘A’ and ‘B’ started a business by investing certain sum in the ratio 3:2, respectively for 4 years. If 12% of the total profit i...
A started a business with an investment of Rs 16,000. After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2...
Anuj and Bhuvan started a business by investing Rs. 4500 and Rs. 4800, respectively. After 6 months, Bhuvan withdrew Rs. 600, and...
A and B together start a business with investment of Rs. 1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share ...
If a sum of money is to be divided among A, B, C such that A’s share is equal to twice B’s share and B’s share is 5 times C’s share then their s...