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The Reserve Bank of India imposed monetary penalties on Ola Financial Services and Visa Worldwide for their respective regulatory violations, including significant fines for KYC non-compliance and unauthorized implementation of payment solutions. This action reflects the RBI's commitment to enforcing strict compliance with financial regulations to maintain system integrity. A penalty of Rs 2.4 crore has been imposed on Visa Worldwide Pte Limited and Rs 41.5 lakh on Manappuram Finance Limited. A fine of Rs 87.55 lakh has been slapped on Ola Financial Services in two cases.
Investing cash flows most likely reflect changes in which of the balance sheets’ components?
Which of the following are limitations of ratio analysis?
A. Ratio analysis may result in false results if variations in price levels a...
Which of the following is a unique feature of Tableau that distinguishes it from other Business Intelligence tools?
U nder the Prime Minister’s Employment Generation Programme (PMEGP ) scheme , banks can provide finance to the extent of _ ______, for projects to s...
………… of CGST Act, 2017 lists down the activities which shall be treated neither as supply of goods nor as supply of services.
For which type of bond, duration of a bond would be equal to its time to maturity
XYZ Ltd reported total credit sales of Rs.12,80,000 at a gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, wha...
Under The PM Mudra Yojana, the government introduced a new loan category Tarun Plus for MSMEs in the Budget 2024-25. Up to what amount of loan is covere...
What is the maximum assistance available under the "Raising and Accelerating MSME Performance (RAMP)" scheme for technology upgradation?
How many Urban Cooperative Banks (UCBs) had their licenses revoked by the RBI in 2024 alone?
