which of the following is not a zero tolerance area of bank of baroda?
Answers
Answered by
0
Answer:
Explanation:
The RBI( Reserve bank of india) is allowed to adopt the zero tolerance policy on know you customer(KYC) and Anti money laundering(AML). This act is taken because of nirav modi are being exposed and fraud in the banking industry . So finance ministry
started the process of transparent and clean recognition of the bank affairs.
in this many banks like Allahabad bank , Bank of baroda etc is a part of it.
And the branch expansion will be taken where restriction can be imposed . As of now some small violence has been seen so if the bank is 99 percent complaint , one percent on complaint will attract penalties. it will be zero tolerance policy.
#SPJ2
Similar questions