The main business of banks is to accept deposits from the public. However, a bank can refuse to permit opening an account on behalf of               :

Related MCQs

• CASA is basically the combination of Current account and saving account deposits with a Bank. Why do the Banks put greater emphasis on mobilizing a high CASA ratio?
• Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from:
• Normally banks accept fixed Deposits for a maximum period of:
• Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
• Ratnakar Bank limited (RBL) Bank has announced the opening of its Indian Financial System Code (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City (GIFT City). Where is the corporate office of RBL Bank?
• On 19th July 1969, 14 banks were nationalized, these banks had deposits of more than
• After nationalisation of 14 commercial banks, the government of India had nationalised other 6 commercial banks, with deposits over and above Rupees 200 Crores, during
• In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?
• If a bank needs to attract Provident Fund Deposits, what are the criteria that banks must possess?
• Fixed deposits and recurring deposits are .