Question
Which of the following is NOT mentioned as an eligible
external benchmark in the circular on External Benchmark Based Lending issued by RBI?Solution
External benchmark rate means the reference rate which includes: •Reserve Bank of India policy Repo Rate •Government of India 3-Months and 6-Months Treasury Bill yields published by Financial Benchmarks India Private Ltd (FBIL) •Any other benchmark market interest rate published by FBIL.
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To get into the building, I'll disguise as a reporter.
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Riya we...