We can see in the above graph that RBI was constantly decreasing the rate to increase the money supply in the market. After the covid impact RBI has decreased it drastically, which can be seen in the % change in ...Read more
FrankBanker Forum Latest Questions
It can be a good initiative or good move by RBI to launch UPI on feature phone because it will not just give UPI access to the people who wasn’t having smartphone but can also reduce the Frauds happening in ...Read more
Standing Deposit Facility is a collateral free liquidity absorption mechanism, which RBI uses to absorb liquidity from the banking system and control inflation. RBI in its circular dated April 8, 2022, announced that a Standing Deposit Facility (SDF) is being operationalised ...Read more
Production Linked Incentive (PLI) scheme was introduced first in 2020 with a view to boost domestic manufacturing. This scheme has been launched in 13 sectors identified by the government with a total budgeted outlay of INR 1970 billion (US$26.48 billion). It ...Read more
HDFC will acquire a 41 percent stake in HDFC Bank through the transformational merger, according to an HDFC Bank filing with the stock exchanges. The merger is expected to be completed by the second or third quarter of FY24. After ...Read more
