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In June 2025, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹29.60 lakh (Rupees Twenty Nine Lakh Sixty Thousand only) on which of the following institutions for non-compliance with certain directions issued by RBI on ‘Licensing of Payments Banks’ on 6 June 2025?
Punjab & Sind Bank
HDFC Bank Limited
Fino Payments Bank Limited
Bandhan Bank Limited "
Fino Payments Bank Limited
Practice and solve "In June 2025, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹29.60 lakh (Rupees Twen..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option C: Fino Payments Bank Limited. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "In June 2025, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹29.60 lakh (Rupees Twen..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option C: Fino Payments Bank Limited. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.