What does ‘on-tap licensing’ provided by the Reserve Bank of India mean?
An “on-tap” facility would mean the RBI will accept applications and grant licences for banks throughout the year. On-tap bank licensing facility enables a window for making applications for bank licenses at the RBI throughout the year. Banking licenses were granted upon invitation of applications by RBI to prospective players.
What is true about the teaser loan rates charged by banks?
Which of the following is/are key policy rates used by RBI to influence interest rates?
A).Bank Rate and Repo Rate
B).Reverse Repo Rate
C).CRR and SLR
What is absorption time?
BCSBI was set up to ensure that the common person as a consumer of financial services from the banking Industry is in no way at a disadvantageous positi...
In the terms of banking, what does 'R' pertain to in GIRO?
The Presidency Bank were merged into Imperial bank in the year –
Who is responsible for auctioning the treasury bills?
At the specified branches of which bank will the Electoral Bonds be issued
In which year the first Bank of India was established?
Fiscal Policy in India is formulated by whom?
