RBI imposes monetary penalty on Bank of Maharashtra
The Reserve Bank of India (RBI) has, by an order dated August 8, 2024, imposed a monetary penalty of ₹1,27,20,000/- (Rupees One Crore Twenty Seven Lakh and Twenty Thousand only)…
SGB Scheme 2023-24 Series III – Issue Price
SGB Issue Price – The Reserve Bank of India announced that, the Sovereign Gold Bond Scheme 2023-24 – Series III will be open for subscription during December 18–22, 2023. The…
Monetary Penalty on Indian Overseas Bank
The Reserve Bank of India (RBI) has, by an order dated October 31, 2023, imposed a monetary penalty of ₹1.00 Crore (Rupees One crore only) on Indian Overseas Bank (the…
Monetary Penalty on Citi Bank
The Reserve Bank of India (RBI) has, by an order dated November 02, 2023, imposed a monetary penalty of ₹5.00 crore (Rupees Five crore only) on Citibank N.A. (the bank)…
How to use KVB Missed Call Banking?
Karur Vysya Bank (करूर वैश्य बैंक) is a leading private sector bank in India established in the year 1916. KVB’s head office is located in Karur, Tamilnadu, India. KVB, a…
Questions & Answers on Credit – Part 2
In this post we will let you know about various Formula on Ratio, Profits, Debt Service Coverage Ratio, Debtor Velocity Ratio, Creditor Velocity Ratio and ect., The following questions are…