What is the purpose of the Standing Deposit Facility (SDF) introduced by the RBI in April 2022?
The Monetary Policy Committee (MPC) maintained a status quo on the policy repo rate between May 2020 and February 2022 after implementing a 115 basis points (bps) reduction between March 2020 and May 2020. Retail inflation has crossed the upper limit of RBI’s tolerance band since January 2022. Sensing a serious risk to price stability, RBI initiated the monetary tightening cycle. In its April 2022 meeting, the committee introduced the Standing Deposit Facility (SDF), which allowed for the deposit of excess funds by banks with the RBI without the necessity of collateral in the form of government securities, thereby allowing effective liquidity management in a collateral-free manner. The SDF, introduced at a rate of 3.75 per cent, replaced the reverse repo rate as the new floor of the Liquidity Adjustment Facility (LAF) corridor. The MPC also indicated a change in stance from ‘Accommodative’ to ‘Accommodative and focused on the withdrawal of accommodation, while supporting growth’ in this meeting, signalling the start of the monetary tightening cycle.
The Debt Equity ratio of a company is 0.4. Which of the following will change the Debt Equity Ratio?
Which of the following statement/s is/are NOT correct?
i. Capital market is a market for long term equity and debt
ii. There is str...
Sale of a security that is not owned by the seller is called?
Which state has the highest contribution in the record GST collection in Apr 2022?
What is CIBIL score?
Match the following:
A) Credit Risk P) Risk of price movements
B) Operational Risk ...
An account in which trading of shares is done?
An Option that can be exercised on any date before and including the expiry date is called
PFRDA increased the maximum age of joining under NPS Private sector to ___ years.
Which is the first Indian company to be listed in NASDAQ?