New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which company was penalized ₹25,000 by the RBI for not

    obtaining prior written permission before changing more than 30% of its directors?
    A Godrej Housing Finance Correct Answer Incorrect Answer
    B Aadhar Housing Finance Correct Answer Incorrect Answer
    C RAR Fincare Limited Chennai Correct Answer Incorrect Answer
    D Durgapur Mahila Co-operative Bank Limited Correct Answer Incorrect Answer
    E HUDCO Correct Answer Incorrect Answer

    Solution

    RAR Fincare Limited Chennai was penalized ₹25,000 for not obtaining prior written permission from the RBI before changing more than 30% of its directors.

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