Start learning 50% faster. Sign in now
Standing deposit facility (SDF), allows the RBI to absorb excess cash from the economy by sucking liquidity from commercial banks without giving government securities in return to the lenders.. Reserve Bank of India introduced a standing deposit facility (SDF) at 3.75% which would serve as the floor for the policy corridor. With this, the width of the policy corridor was narrowed to 50 basis points (bps) from 65 bps. With the marginal standing facility (MSF) at the upper end of the policy corridor at 4.25%, the SDF will make up the duo of standing facilities – one to absorb and the other to inject liquidity. The use of the SDF and the MSF will be left to the discretion of banks, and will be available after market hours on all days of the week. RBI did extend an olive branch to the markets by raising the ceiling for government securities that can be held to maturity (HTM) to 23% from 22% up to March 31, 2023. The restoration of the 19.5% cap on HTM securities will be made in a phased manner starting from Q1FY24. 80% of the total liquidity absorbed under the liquidity adjustment facility during Q4FY22 has firmed up close to the policy repo rate due to the increased use of variable reverse repo rate (VRRR) auctions.
Many banks now offering their customers insurance offerings would be example of:
The importance of e-commerce in global markets is increasing significantly. One of the major reasons is because, online e-commerce offers:
The data accumulated by a public safety officer who measures the speed of all the cars that pass a given point is referred to as _______ data.
In considering its competition, a firm must assess the likelihood of new entrants. Additional producers in the marketplace typically:
Changes in social forces can have a dramatic impact on a marketing strategy, some of these social forces in the environment include the demographic char...
Profit responsibility, societal responsibility, and stakeholder responsibility are three forms or concepts of:
Which of the following statements is true about Facebook?
Specialty discount outlets focus on one type of product, such as business supplies or electronics, at very competitive prices. They are referred to as _...
A pull strategy occurs when:
As a step towards reducing our carbon footprint, the government recently made subsidies available to citizens who made their homes more energy-efficient...