Question: The following data is given for bobby bank ltd ( all amount in Rs crore). Total capital 100, total assets 160 (including the statutory reserves
The following data is given for bobby bank ltd ( all amount in Rs crore). Total capital 100, total assets 160 (including the statutory reserves of 11). Deposits lying in the savings accounts and current accounts: 20 and 40 respectively. Calculate the penalty, if any, payable by the bank to RBI on 1st day and 2nd day of the relevant reserve maintenance period
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