Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1646)
1646.
For which bank, RBI penalized Rs.2 Crore for Flouting Norms?
Indian Bank
Corporation Bank
State Bank of India
Union Bank of India
Answer: Option
Explanation:
Reserve Bank of India, has imposed an aggregate penalty of Rs 20 million on Corporation bank due to some lapses in monitoring of end use of funds and exchange of information with other banks in respect of one borrower along with some other banks.
Discussion:
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