📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Which entity is responsible for providing liquidity

      support to an IFSC Banking Unit (IBU) under the IFSCA (Banking) Regulations 2020?
      A Reserve Bank of India Correct Answer Incorrect Answer
      B IFSCA Correct Answer Incorrect Answer
      C Parent Bank of the IBU Correct Answer Incorrect Answer
      D Lender of Last Resort Correct Answer Incorrect Answer
      E Indian government Correct Answer Incorrect Answer

      Solution

      The  Parent Bank  of the IFSC Banking Unit (IBU) is responsible for providing  liquidity support  to the IBU when needed for operations

      Practice Next
      ask-question