Here is the list of questions asked by panel members in Mock interview. This is provided by candidates who attended mock interview in Trichy. What are the questions asked by panel members? Self intro, mechanical questions, why arrears, fiscal policy, rbi related questions, payments Bank, private banks, pm awas Yojana What is the difference between nationalized banks and public sector banks? What is hypothecation, pledge and mortgage? What are the types of ways we can return the money to someone? What is banking regulation act? Self intro What is bank About my education Why banking after your degree How ur degree is useful in banking Neft and rtgs diffrence Crr amd slr rate What is budget Demand and term deposit Deficit What's rbi function What's clean note policy And banking terms explanation And asked about career cap and why I didn't pursue higher education Details about mudra loan You have a long gap after the degree so panel members won't select you. There is only 3
RBI Imposes Monetary Penalty on the following Banks (Part 2)
The Bechraji Nagarik Sahakari Bank Ltd., Bechraji, district Mehsana
(Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated
December 12, 2022, imposed a monetary penalty of ₹50,000/- (Rupees
fifty thousand only) on The Bechraji Nagarik Sahakari Bank Ltd., Bechraji,
district Mehsana (Gujarat) (the bank) for contravention of directions issued by
RBI on ‘Maintenance of Statutory Reserves – Cash Reserve Ratio (CRR) and
Statutory Liquidity Ratio (SLR) by Primary (Urban) Co-operative Banks’. This
penalty has been imposed in exercise of powers vested in the RBI under the
provisions of Section 47 A (1) © read with Sections 46 (4) (i) and 56 of the
Banking Regulation Act, 1949, taking into account the failure of the bank to
adhere to the aforesaid directions issued by RBI.
This action is based on deficiencies in
regulatory compliance and is not intended to pronounce upon the validity of any
transaction or agreement entered into by the bank with its customers.
Background
The statutory inspection of the bank conducted by RBI
with reference to the bank’s financial position as on March 31, 2018, and
examination of the Inspection Report and all related correspondence pertaining
to the same revealed, inter alia, that the bank had not maintained minimum Cash
Reserve Ratio (CRR), resulting in contravention of aforesaid directions issued
by RBI. In furtherance to the same, a notice was issued to the bank advising it
to show cause as to why penalty should not be imposed for contravention of the
aforesaid directions issued by RBI.
After considering the bank’s reply to the notice and oral
submissions made during the personal hearing, the RBI came to the conclusion
that the aforesaid charge was substantiated and warranted imposition of
monetary penalty.
Shree Vardhaman Sahakari Bank Ltd., Vadodara (Gujarat)
The Reserve Bank of India (RBI) has, by an Order dated
December 12, 2022, imposed a monetary penalty of ₹2.00 lakh (Rupees
two lakh only) on Shree Vardhaman Sahakari Bank Ltd., Vadodara (Gujarat) (the
bank) for contravention of directions issued by RBI on ‘Maintenance of
Statutory Reserves – Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)
by Primary (Urban) Co-operative Banks’. This penalty has been imposed in
exercise of powers vested in the RBI under the provisions of Section 47 A (1) ©
read with Sections 46 (4) (i) and 56 of the Banking Regulation Act, 1949,
taking into account the failure of the bank to adhere to the aforesaid
directions issued by RBI.
This action is based on deficiencies in
regulatory compliance and is not intended to pronounce upon the validity of any
transaction or agreement entered into by the bank with its customers.
Background
The statutory inspection of the bank conducted by RBI
with reference to the bank’s financial position as on March 31, 2018, and
examination of the Inspection Report and all related correspondence pertaining
to the same revealed, inter alia, that the bank had not maintained minimum Cash
Reserve Ratio (CRR), resulting in contravention of aforesaid directions issued
by RBI. In furtherance to the same, a notice was issued to the bank advising it
to show cause as to why penalty should not be imposed for contravention of the
aforesaid directions issued by RBI.
After considering the bank’s reply to the notice and oral
submissions made during the personal hearing, the RBI came to the conclusion
that the aforesaid charge was substantiated and warranted imposition of
monetary penalty.
For part 03 Click here
For part 01 Click here
Comments
Post a Comment