Post discontinuation of LIBOR, the RBI has proposed to revise the all-in-cost ceiling for ECBs to _______
In the Monetary policy statement of December 2021, RBI stated that following for External Commercial Borrowing (ECB)/Trade Credit (TC) - Transition from LIBOR to Alternative Reference Rate (ARR): Currently, the benchmark rate for Foreign Currency (FCY) External Commercial Borrowings (ECB)/Trade Credit (TC) is specified as 6-months LIBOR rate or any other 6-month interbank interest rate applicable to the currency of borrowing. In view of the imminent discontinuance of LIBOR, any widely accepted interbank rate or alternative reference rate (ARR) applicable to the currency of borrowing may be used as a benchmark, post discontinuation. To take into account differences in credit risk and term premia between LIBOR and the ARRs, for new foreign currency ECBs and TCs, it is proposed to revise the all-in-cost ceiling from 450 bps to 500 bps and from 250 bps to 300 bps, respectively, over the ARRs. To enable transition of existing ECBs and TCs linked to LIBOR, it is proposed to revise the all-in-cost ceiling from 450 bps to 550 bps and from 250 bps to 350 bps respectively, over the ARRs.
How is ‘feedback’ written in a code language?
I. In a certain code language ‘corporate office branch centre’ is written as ‘ki pa mt ...
Six persons D, E, F, G, H, and I stand in a queue according to their weight. Who among the following is just heavier than D?
Statement I: H is ...
A is in which direction with respect to B?
I. A and B start walking from the same point in opposite directions and after walking 5 kms each, both...
In which direction is point B with respect to point C?
I. F is to the east of C, which is to the east of E. D is to the north of E and B is to th...
How many female members are there in family of ten members?
I. Q is only son of H, who is son-in-law of A. S is only daughter of D. L is sister...
The following question consists of three statements numbered I, II and III. Decide if data given in the statements are sufficient to answer the question...
How many days did Mr. Bhatia take to complete his work?
I. His colleague Simran correctly remembers that Mr. Bhatia took more than five days but ...
Seven persons A, B, C, D, E, F and G are attending the interview on six different days starting from Monday to Sunday in a week but not necessarily in ...
Seven persons namely A, B, C, K, L, M and N are sitting in a row facing north, then who sits second to right of C?
I) Two persons sit betw...
Five persons M, N, O, P and Q, who all are of different heights. Who among the following is the shortest?
Statement I: N is shorter than only ...