The MCLR (Marginal Cost of Funds based Lending Rate) is the minimum lending rate below which a bank is not allowed to lend. The MCLR system superseded the previous base rate mechanism in determining commercial bank lending rates. The MCLR system uses marginal cost of funds, tenor premium, operating costs and cost of carry in CRR to determine the lending rate. The Reserve Bank has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on external benchmark-based lending. A statutory examination of Punjab & Sind Bank revealed non-compliance with the directions, inter-alia, to the extent the bank linked certain floating rate retail loans and floating rate loans to micro and small enterprises, extended by it after October 1, 2019, to MCLR instead of an external benchmark.
Despite her initial trepidation , she decided to take the risk and start her own business.
Wealth creators are essential for money to distributed in the economy.
Select the correctly punctuated sentence from the options below.
Choose the grammatically correct sentence.
...It is clear that this understanding (A) , along with the four border agreements, has now broken (B) down on account of China’s actions (C) la...
I. Recently, there has been a lot of discussions on universal basic income (UBI) in India.
II. LGMDs are the most common adult-onset muscular dys...
Choose the correct option from below mentioned change in voice of the given sentence:
The nurse is looking after this little girl.
Inference- Gaining knowledge is important than how much you score.
I. In education, two things are important – domain knowledge and soft ski...
You can also equip yourself with this useful trending skill/ by doing a course as RPA to help you understand/ how automation works in the world of data.
Point out the Conjunction in the given sentence
They are still debating whether to invest in the new project.
