Current Affairs - Banking

Exercise : Banking - Latest Current Affairs
  • Banking - Latest Current Affairs
201.
The Reserve Bank of India (RBI) has imposed a penalty of ₹12 crore on which bank for breaching rules related to the code of conduct for the bank's directors and for failing to report fraud incidents?
HDFC Bank
ICICI Bank
Axis Bank
Kotak Mahindra Bank
Answer: Option
Explanation:
The RBI imposed a penalty of ₹12 crore on ICICI Bank for breaching rules related to the code of conduct for the bank's directors and for failing to report fraud incidents.

202.
Where did the Reserve Bank of India (RBI) recently inaugurate a sub-office to strengthen its commitment to financial inclusion and development in the region?
New Delhi, Delhi
Bengaluru, Karnataka
Itanagar, Arunachal Pradesh
Mumbai, Maharashtra
Answer: Option
Explanation:
The RBI established a sub-office in Itanagar, Arunachal Pradesh, as part of its commitment to financial inclusion and regional development.

203.
Which Indian bank is implementing an innovative approach to prevent loan defaults by surprising potential defaulters with chocolates during unannounced home visits?
HDFC
SBI
ICICI
Axis
Answer: Option
Explanation:
SBI, India's largest public sector bank, is implementing the unique approach of surprising potential loan defaulters with chocolates during unannounced home visits to prevent loan defaults.

204.
Which investment firm acquired 5 crore shares of IDFC First Bank in a block deal on September 11, 2023?
Goldman Sachs
GQG Partners
J.P. Morgan
Morgan Stanley
Answer: Option
Explanation:
GQG Partners, a US-based investment firm, acquired 5 crore shares of IDFC First Bank in a block deal on September 11, 2023.

205.
Who has received RBI approval for re-appointment as the Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank?
Chanda Kochhar
Sandeep Bakshi
Raghuram Rajan
Arundhati Bhattacharya
Answer: Option
Explanation:
Sandeep Bakshi has received RBI approval for his re-appointment as the Managing Director and Chief Executive Officer (MD and CEO) of ICICI Bank, ensuring leadership continuity and stability for the bank.