Question

The RBI on December 15, 2017, imposed a penalty of Rs. 5 crore on which bank for non-compliance with its directions on "Cheque Purchase or Discounting, Bill Discounting, and Know Your Customer (KYC)" norms?
Bank of India
UCO Bank
Syndicate Bank
Central Bank of India
Allahabad Bank

Answer 1

The RBI on December 15, 2017, imposed a penalty of Rs. 5 crore on which bank for non-compliance with its directions on "Cheque Purchase or Discounting, Bill Discounting, and Know Your Customer (KYC)" norms?

Bank of India✔️✔️✔️

UCO Bank

Syndicate Bank

Central Bank of India

Allahabad Bank

Answer 2

heya..

here is you answer..

The RBI on December 15, 2017, imposed a penalty of Rs. 5 crore on Bank of India for non-compliance with its directions on "Cheque Purchase or Discounting, Bill Discounting, and Know Your Customer (KYC)" norms.

It may help you ..☺☺