Correct Answer :   It is an overnight loan in the money market

Correct Answer :   ICICI Bank

The RBI has imposed a monetary penalty of Rs 3 crore against ICICI Bank for violating norms related to classification, valuation and operation of investment portfolio by banks.

Correct Answer :   Rs.15000 cr

The Finance Ministry has decided to provide an additional amount of upto 15 thousand crore rupees to States as interest free 50 year loan for spending on capital projects.

Correct Answer :   Tata communication payments solutions Ltd

Tata Communications Payment Solutions Limited or Tata Communications Banking InfraSolutions, is a wholly owned subsidiary of Tata Communications. TCPSL’s White Label ATM offering under the brand name “Indicash” marks its foray in the B2C space. With this it holds the distinction of being the first White Label ATM service provider in the country.

Correct Answer :   Airtel

Airtel Payments Bank is now the first payments bank in the country to enable an amount of ₹ 2 lakh of day-end account balance limit.

Correct Answer :   DCB Bank

RBI approves re-appointment of Murali Natarajan as DCB Bank MD and CEO. Private sector lender, DCB Bank has received approval from the Reserve Bank of India for the re-appointment of Murali M. Natrajan as the Managing Director & CEO, for a further period of one year from April 29, 2021.

Correct Answer :   D.P. Operation

Correct Answer :   Rs 2 lakh

The Reserve Bank of India has increased the maximum amount outstanding in respect of full-KYC PPIs (KYC-compliant PPIs) from Rs. 1 lakh to Rs. 2 lakh.

Correct Answer :   ICICI Bank

ICICI Bank announced the launch of its 'Merchant Stack', a set of digital banking services specially curated for retail merchants.

Correct Answer :   Rs. 15,000

The tenure of the loan issued by NBFC-MFI to the borrower should not be less than 24 months for loan amount in excess of Rs. 15,000.