Which of the followings committee of RBI is formed with the mission of fixing the benchmark policy interest rate (repo rate) to restrain inflation within the particular target level?
State Bank of India has increased interest rate on its bulk term deposits (Rs 2 crore and above) by 40-90 basis points, with effect from May 10. Bajaj Finance, a non-banking finance company, has also increased fixed deposit rates by upto 10 bps. The increase in interest rate on deposits comes close on the heels of the monetary policy committee (MPC) sharply revising the benchmark repo rate upwards by 40 basis points to 4.40% in an off-cycle meeting to tame rising inflation. The maximum increase by SBI is 90 basis points, in the 5–10-year tenure and three years to less than 5 years’ tenure. The interest rates in these two buckets have moved up to 4.50% as against 3.60% earlier. Bulk deposits for 46 – 179 days’ tenor and 180 – 210 days’ tenor will fetch an interest rate of 3.50% as against 3 and 3.10% earlier, respectively. Deposits with 211 days to less than a year tenor will have an interest rate of 3.75%.
Which two sectors were the focus of the initial SEBI stress tests before expanding industrywide?
What is the theme of the Digital Health Summit 2023?
Which ministry released a commemorative stamp in honor of Indian playback singer Mukesh Chand Mathur on his 100th birth anniversary in July 2024?
(A) When you look at a product / (B) on one of it’s web pages, / (C) Amazon suggests other / (D) products you might like as well.
What is the new limit on the ceiling for public deposits for HFCs as per the revised RBI guidelines?
After the announcement of Bharat Ratna to former Prime Minister Chaudhary Charan Singh, which political party decided to join the ruling NDA alliance?
IUCN Stands for ______.
Choose the sentence with no spelling error.
Which of the following entities did not qualify for the Reserve Bank of India's 5th cohort of the Regulatory Sandbox testing phase with the theme 'Neutr...
Which of the following is NOT a key intervention facilitating SDG achievements in India?