Question

    Which entity is responsible for providing liquidity

    support to an IFSC Banking Unit (IBU) under the IFSCA (Banking) Regulations 2020?
    A Reserve Bank of India Correct Answer Incorrect Answer
    B IFSCA Correct Answer Incorrect Answer
    C Parent Bank of the IBU Correct Answer Incorrect Answer
    D Lender of Last Resort Correct Answer Incorrect Answer
    E Indian government Correct Answer Incorrect Answer

    Solution

    The  Parent Bank  of the IFSC Banking Unit (IBU) is responsible for providing  liquidity support  to the IBU when needed for operations

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