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…
Questions & Answers on Credit – Part 1
In this post, we will let you know about the basics of Credit and its related Questions and Answers. The following questions are directly asked many competitive examinations like JAIIB,…
FAQ on Positive Pay System
Reserve Bank of India (RBI) instructed all banks to implement Positive Pay System in order to safeguard customer money against Cheque frauds. It enables cheque issuing customer to reconfirm the…
MCQ on General Banking – Part 2
The following post contains the Multiple Choice Questions (MCQ) and Answers on General Banking. This might be useful for the candidates who prepare for Banking and other competitive exams. And,…