Which reference rate is likely to get scrapped completely by the end of year 2021?
LIBOR is likely to be fully withdrawn by the end of the year 2021. RBI has directed the banks to go for alternative reference rates. The Financial Conduct Authority (FCA), UK has announced on March 05, 2021 that LIBOR will either cease to be provided by any administrator or no longer be a representative rate: · Immediately after December 31, 2021, in the case of all Pound sterling, Euro, Swiss franc and Japanese yen settings, and the 1-week and 2-month US dollar settings; and · Immediately after June 30, 2023, in the case of the remaining US dollar settings Therefore, banks and financial institutions and their customers should stop using LIBOR as a benchmark and instead use any widely accepted ARR, as soon as practicable and in any case by December 31, 2021.
In which U.S. state did Kenneth Smith become the first individual to undergo execution by nitrogen gas, marking a departure from the commonly used letha...
Which of the following is a nitrogen-fixing bacteria?
Substances like phosphorus burns in air at room temperature. This type of combustion in which a material suddenly bursts into flames, without applicati...
What is the currency of Greece?
The Pradhan Mantri Rojgar Yojana was started during the _____.
In which year the University Grants Commission(UGC) was constituted in India?
Which class of algae is commonly known as brown algae?
40% of 80 x. Find the value of 20% of x.
Which of the following nations won the Cricket World Cup 2015?
Gol Gumbaz is the mausoleum of the king Mohammed Adil Shah. It is a part of_________.