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Marginal Standing Facility
Marginal Standing Facility is a new Liquidity Adjustment Facility (LAF) window created by Reserve Bank of India in its credit policy of May 2011. MSF is the rate at which the banks are able to borrow overnight funds from RBI ..
What is Liquidity?
By Liquidity, we simply mean to refer to the money floating in the system that is available to all stakeholders of the markets viz. Individuals, corporate entities and the government. We know that liquidity is influenced by the demand and ..
Union Government launches single window e-biz portal
Union Government has launched a single window government-to-business (G2B) portal- e-Biz (www.ebiz.gov.in) for 11 Central government services to bring transparency and ease of doing business in the country. The portal was unveiled to public by Union Finance Minister Arun Jaitley ..
Month: Current Affairs - February, 2015
DS Kolamkar Panel
RBI is considering proposal of DS Kolamkar Panel, to permit FIIs and Commercial Banks to trade on Indian Commodity Exchanges. DS Panel had deeply studies the functioning of commodity markets. As per the findings, the panel had noticed that participation ..
RBI releases final guidelines for the Bharat Bill Payment System (BBPS)
Reserve Bank of India issued the final guidelines for the Bharat Bill Payment System (BBPS). It is an integrated bill payment system offering inter-operable and accessible bill payment service to customers through a network of agents, enabling multiple payment modes, ..
Month: Current Affairs - November, 2014
Inflation drops to 2.38% , five-year low
According to provisional estimates for the month of September 2014, WPI (Wholesale Price Index) based inflation has fallen to 2.38% which is a five year low. This is mainly attributed to the decline in food and fuel prices. Also, the ..
Month: Current Affairs - October, 2014
RBI keeps all key rates intact in fourth bi-monthly monetary policy
The RBI announced its fourth bi-monthly monetary policy on September 30, 2014. This follows the third bi-monthly monetary policy which was announced in August 2014. CRR The CRR of scheduled was kept unchanged at 4% of the bank’s NDTL (net ..
Month: Current Affairs - October, 2014
RBI gets tough; says, if a company is unable to repay then that could lead to other group units and management being termed ‘wilful defaulters’
RBI in order to put intense pressure on businessmen, whose companies default in future, has intensified wilful defaulter rules. Now if a company is unable to repay then that could lead to other group units and management being termed ‘wilful ..