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The MSF was introduced by the Reserve Bank of India in 2011 in order to help banks manage the cash flow mismatch on overnight basis. The banks can approach RBI for loan under MSF facility in an interest rate that will be higher than the repo rate. Banks can borrow upto 2% of the total NDTL under this route whereas the minimum amount is Rs 1 crore.
In which country was the first edition of the FIH Men's Hockey5s World Cup held from 28 to 31 January 2024?
What is the purpose of the Anusandhan National Research Fund under Priority 8 of the budget?
As per CCPI, 2023; India is the only G-20 country in the top 10 ranks. The first three ranks in the overall ranking were grabbed by
Recently in 2022 which Indian has been awarded with the Chevalier de l’ordre National du Merite, the Knight of the Order of the Merit?
On what occasion was the wax statue of Dr. B.R. Ambedkar unveiled at Jaipur Wax Museum?
The NIRVIK Scheme is a scheme related to ______________ sector.
________ and Google Cloud announced the expansion of their strategic partnership to help enterprises leverage generative artificial intelligence (AI) an...
Where was the Aadhaar Good Governance Portal launched?
Who has been appointed as the brand ambassador of Bank of Baroda?
A study published in the Indian Journal of Traditional Knowledge highlighted the effectiveness of which traditional drug system in reducing anemia among...