What is UPI Lite? UPI lite is an on-device wallet available within the UPI, aimed to facilitate low
Year: 2023
What is GIFT International Financial Services Centre (GIFT IFSC)?
The Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) is an International Financial Services Centre (IFSC)
What is the Law of Diminishing Returns?
Economics is full of fundamental principles and laws that help to understand the rationale behind economic activities. One
What is Miniratna Scheme?
The ‘Miniratna’ is a status given by the central government to select Public Sector Enterprises, that have attained
What is Local Currency Settlement System (LCSS)?
Local Currency Settlement of international transactions is going through a boom phase now. China started the trend of
What is Digital Lending?
Digital lending is the service of providing loans and credit facilities with the help of digital technologies and
Difference between Marginal Standing Facility (MSF) and Standing Deposit Facility (SDF)
The Reserve Bank of India has designed a very effective liquidity management system under the Liquidity Adjustment Facility
Monetary Policy of the RBI- the basics simplified: Meaning, Objectives and Instruments
Monetary policy is the defining function of central banks. Historically, central banking is identified with the function of
Structure of the Commercial Banking Sector in India
The commercial banking system is the core of India’s financial system as the financial sector of the country
Reserve Bank of India: Offices and Subsidiaries
The Reserve Bank, as the central bank of the country has been performing multidimensional functions covering monetary policy,