Which of the following facility allows the RBI to absorb excess cash from the economy by sucking liquidity from commercial banks without giving government securities in return to the lenders?
Standing deposit facility (SDF), allows the RBI to absorb excess cash from the economy by sucking liquidity from commercial banks without giving government securities in return to the lenders.. Reserve Bank of India introduced a standing deposit facility (SDF) at 3.75% which would serve as the floor for the policy corridor. With this, the width of the policy corridor was narrowed to 50 basis points (bps) from 65 bps. With the marginal standing facility (MSF) at the upper end of the policy corridor at 4.25%, the SDF will make up the duo of standing facilities – one to absorb and the other to inject liquidity. The use of the SDF and the MSF will be left to the discretion of banks, and will be available after market hours on all days of the week. RBI did extend an olive branch to the markets by raising the ceiling for government securities that can be held to maturity (HTM) to 23% from 22% up to March 31, 2023. The restoration of the 19.5% cap on HTM securities will be made in a phased manner starting from Q1FY24. 80% of the total liquidity absorbed under the liquidity adjustment facility during Q4FY22 has firmed up close to the policy repo rate due to the increased use of variable reverse repo rate (VRRR) auctions.
‘Maa Bharati Ke Sapoot’ a website launched by which of the following ministers for contribution to Armed Forces Battle Casualties Welfare Fund?
...As of December 2023, which among the following schemes are related with the Ministry of Minority Affairs:
1. Pradhan Mantri Jan Vikas Karyakram
For women entrepreneurs what is the subsidy provided under the Prime Minister Employment Generation Programme (PMEGP)?
India hosted the G 20 presidency for 2023, the work of G20 is divided into how many tracks?
Which of the following dances is performed during festivals like Eid al-Fitr and Ramzan in Jammu and Kashmir?
What is Grundfos AQpure?
1. An inbuilt packaged black (sewage) and grey water (kitchen and bath water) treatment system having advanced anaerobic...
As per the APY chart, a 18 year old investor will have to contribute how much money per month, if he or she chooses ₹5000 monthly pension post-retirem...
Where is the headquarters of the Bank for International Settlements (BIS) located to foster international monetary and financial stability and financial...
In November 2022, the Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the naming of Greenfield Airport at Hollongi, Itanagar as:
Who among the following was appointed as the interim CEO of the Board of Control for Cricket in India (BCCI) in July 2020?