The Reserve Bank of India has said the special lending window with CRR exemption was open from February 14 and incremental loans disbursed under this facility will have CRR exemption for the next five years. This means that banks will not be needed to make an additional cash reserve ratio ...
The Reserve Bank of India (RBI) announced the following decisions of Monetary Policy Committee (MPC) to adress the COVID-19 pandemic −Cut in Repo Rate by 75 basis points to 4.4% Reduced the Cash Reserve Ratio (CRR) of all banks by 100 basis points to 3% with effect from March 28 ...
Q.3) Which of the following statementsare true regarding the Marginal Cost ofFunds based Lending Rate (MCLR): 1. Banks will do lending at or aboveMCLR. 2. MCLR may increase because ofincrease in CRR/SLR. 3. MCLR helps in better transmissionof policy rate into lending rate. Which of the...
(ACC) announced the appointment of N S Vishwanathan is new Deputy Governor at Reserve Bank of India. He will succeed H R Khan on July 3, 2016. Vishwanathan has been executive director at RBI since April 2014. He served as Principal Chief General Manager in the Department of non-banking ...
The Monetary Policy Committee of the Reserve Bank of India released the second Bi-monthly Monetary Policy Statement of FY 2020-21. The MPC has decided to keep the benchmark interest rate unchanged with the liquidity adjustment facility (LAF) unchanged at 4%....
The main advantage of this process is that it is easy to apply to all strains and able to recover/concentrate at a high rate, and the harvested biomass is free from flocculants or any other chemical contamination due to the absence of chemical addition process. Although it has some ...
Cost reduction, bulking market demand, and an attractive rate of return on renewable technologies are also some of the reasons contributing to the subsequent factor upon realizing RE as one of the prominent generations in the grid [8,9]. In 2019, at least four countries (Denmark, Germany, ...