The 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 The MCLR system superseded the previous base rate mechanism in determining commercial bank lending rates.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.
Two trains ‘A’ and ‘B’ started from station ‘P’ and ‘Q’ towards station ‘Q’ and ‘P’ respectively at the same time. When they met...
A goods train leaves a station at a certain time and at a fixed speed. After 9 hours, an express train leaves the same station and moves in the same dir...
Two trains approach each other at 20 kmph and 25 kmph from 2 places 225 km apart. After how many hours they will meet?
A train 300 metre long takes 45 sec to cross a man running at a speed of 6 km/hr in the direction opposite to that of train. What is the speed of the tr...
A train takes 8 seconds to pass a dog running in the opposite direction to the train at a speed of 10 m/s. Given that the train i...
Train A running at speed of 144 km/hr crosses a platform having twice the length of train in 24 sec. Train B whose length is 800m crosses same platform ...
A train started from station P and preceded towards station Q at a speed of 98 km/h. 30 minutes later, another train started from station Q and preceded...
There are two trains A and B. A start from point X at 5 AM towards point Y. Another train B starts at 7 AM from point Y. If they meet at 9 AM and speed ...
Train A running with a sped of 90 km/h crosses a vertical pole in 12 seconds. Speed of train A is 5 m/s less than speed of train B, and length of train ...
A train traveling at a velocity of 45 km/h passes a stationary object in 36 seconds. Calculate the time it takes for the train to traverse a platform th...
