Current Affairs - July 2022
On which bank did RBI impose a monetary penalty of Rs.1 crore for non-compliance with certain directions on 'Reserve Bank of India (Know Your Customer (KYC)) Directions, 2016'?
RBI has imposed a monetary penalty of Rs.1 crore on IndusInd Bank for non-compliance with certain directions issued by RBI on 'RBI (KYC) Directions, 2016'.
SEBI provided an additional payment option of UPI or unified payments interface mechanism to retail investors to apply in the public issue of REITs and InvITs for application value up to Rs 5 lakh.
EXAMIANS