Question
As per the existing RBI guidelines the minimum interest
rate at which banks can lend is called asSolution
The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank. The MCLR methodology for fixing interest rates for advances was introduced by the RBI with effect from April 1, 2016.
SVANidhi Yojana is a scheme which has been launched by Hon’ble Prime minister to.
1.   To grant collateral – free loans of up to Rs ...
An amount doubles itself at compound interest in five years. In how many years will it amount to sixteen times itself?
PACER scheme comprising the Antarctic program, Indian Arctic program, Southern Ocean program and Cryosphere and Climate program is implemented successfu...
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