RBI imposed a penalty on HDFC Bank for violating its regulations regarding customer outreach timings and offering gifts related to life insurance premiums. This was seen as a violation of fair market practices by the bank.
Which of the following statements is not correct?
A company earns good profit before the close of the financial year and declares dividend. This dividend is called:
What facility allows for the daily infusion and absorption of liquidity by utilizing government securities as collateral?
Legal risk in a bank can lead to which of the following?
I. claims against institution,<...
Which of the following statement is incorrect with regard to Resident SB a/c opened jointly with NRI close relative?
A.Cheques favouring the NRI ...
Which of the following banks were nationalized after being private banks in India?
1) Bank of Baroda
2) Punjab National B...
What provision is required for substandard infrastructure loan accounts?
B Ltd. issued equity shares of Rs.10 each at 10% premium; all shares were issued and subscribed. Amount called up: - On application Rs.3 each, on allotm...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following statements is/are correct about Gift City's International Financial Services Centre (IFSC)?
1) It is a global financ...