question_answer

The Reserve Bank of India asked banks not to levy penalties on customers in which of the following conditions as part of a consumer protection initiative recently?

A)  Not paying minimum amount due of credit cards up to three months

B)   Not maintaining a minimum balance in an inoperative account

C)   Defaulting on EMI of housing loans up to three months

D)  Defaulting on EMI of theft vehicles whose claims are under process with insurers

E)  None of these