What was the primary reason for RBI imposing a ₹29.60 lakh penalty on The Hongkong and Shanghai Banking Corporation Limited?
The penalty was imposed due to non-compliance with RBI Directions, 2022 on card issuance and conduct, specifically for not ensuring no negative amortization in Minimum Payment Due for certain credit card accounts.
1156Â Â Â Â Â Â Â 372Â Â Â Â Â Â Â Â Â 997Â Â Â Â Â Â Â Â Â 513Â Â Â Â Â Â Â Â Â 874Â Â Â Â Â Â Â Â Â 618
1936     a        Â...
504 625 769 938 1134 ?
...8, 9, 15, ?,82.5, 250.50
31   48    67    90   ?      150
13 15 ? 63 143 293
...1 6 13 24 41 ?
15 25 40 65 ? 195
5, 14, 41, 122, 365, 1094, ?
66   70    97    ?       238    274
...19.11 × 5.98 + 20.03 × 3.12 – 34.95 + 97.9 × 3.02 =?
