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.
Who is the Governor of Gujarat, as of January 2023?
Who was the Indian Cabinet Minister of Corporate Affairs as on 31 July 2020?
Arrange the following persons in descending order as per the year in which they received Rajiv Gandhi Khel Ratna.
A. Virat Kohli
B. Bajran...
Eight chairs are placed at a uniform distance from each other around a round table. C and D are equal distance away from both A and B; E sits between A...
What is the primary reason for the green color in plants?
______ state has become the first state to implement Biofuel Policy in the country?
The unit of magnetic intensity in the CGS (centimetre-gram-second) system is
What is the correct full form of NABARD from below?
Who is the CEO of IBM?
Which of the following was NOT included in the definition of 'children' by the Maintenance and Welfare of Parents and Senior Citizens Act, 2007?