Current Affairs - Banking
Exercise : Banking - Latest Current Affairs
- Banking - Latest Current Affairs
206.
What stake percentage has the Reserve Bank of India (RBI) approved for SBI Mutual Fund (SBI MF) to acquire in Karur Vysya Bank Ltd (KVB)?
Answer: Option
Explanation:
RBI has approved SBI Mutual Fund (SBI MF) to acquire up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank Ltd (KVB).
Date : 2023-12-02
207.
Whose reappointment as the Managing Director & Chief Executive Officer (MD&CEO) has been approved by the board of directors at Bandhan Bank?
Answer: Option
Explanation:
The board of directors at Bandhan Bank has approved the three-year extension of Chandra Shekhar Ghosh as MD&CEO, subject to RBI and shareholder approval, effective from July 10, 2024.
Date : 2023-11-25
208.
Which bank has partnered with IRMA to promote financial inclusion and literacy in India?
Answer: Option
Explanation:
Axis Bank has collaborated with IRMA to establish the Axis Bank Chair, aiming to promote financial inclusion and literacy in India, contributing to equitable and sustainable transformation.
Date : 2023-11-08
209.
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?
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.
Date : 2023-10-22
210.
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?
Answer: Option
Explanation:
The RBI established a sub-office in Itanagar, Arunachal Pradesh, as part of its commitment to financial inclusion and regional development.
Date : 2023-10-22
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