Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowThe MCLR (Marginal Cost of Funds based Lending Rate) is the minimum lending rate below which a bank is not allowed to lend. The MCLR system superseded the previous base rate mechanism in determining commercial bank lending rates. The MCLR system uses marginal cost of funds, tenor premium, operating costs and cost of carry in CRR to determine the lending rate. The Reserve Bank has imposed a penalty of Rs 27.5 lakh on Punjab & Sind Bank for non-compliance with certain directions issued by it on external benchmark-based lending. A statutory examination of Punjab & Sind Bank revealed non-compliance with the directions, inter-alia, to the extent the bank linked certain floating rate retail loans and floating rate loans to micro and small enterprises, extended by it after October 1, 2019, to MCLR instead of an external benchmark.
Odd one out
Find the odd word/ letters/number pair/number from the given alternatives.
Find the odd one out
Find the odd one out from the following options.
Select the word which does not belong to the same group from the given alternatives.
Select the set in which the numbers are related in the same way as are the numbers of the following set. (NOTE: Operations should be performed on the wh...
Find the odd one out from the following options.
Select the set in which the numbers are related in the same way as are the numbers of the following set .
( NOTE: Operations should be performe...
Identify the letter-cluster that does not belong to the following series.
EAM, FXN, GUO, HRP, IPQ, JLR
In the following question, select the odd letters from the given alternatives.