Govt. Exams
Entrance Exams
GST is a fiscal policy tool controlled by the GST Council, not a monetary policy tool of RBI. Repo, Reverse Repo, and SLR are RBI instruments.
Indian banks can accept fixed deposits for any tenure as per the individual bank's policies, with no regulatory upper limit.
PMMY aims to promote micro and small enterprises by providing collateral-free loans up to 10 lakhs for business activities.
As per RBI's current guidelines, the Statutory Liquidity Ratio is fixed at 18% of net demand and time liabilities.
SLR is the percentage of deposits that banks must maintain in prescribed liquid assets such as government securities and treasury bills.
RBI prescribes a minimum CAR of 10.5% for scheduled commercial banks, which includes minimum Tier I capital of 7.5%.
Allahabad Bank, established in 1865, is the oldest bank in continuous operation in India and was the first bank founded by Indians.
An LTD ratio of 95% indicates the bank is lending aggressively relative to deposits, which may strain liquidity.
RBI mandates that at least 12% of total priority sector lending should go to Micro and Small Enterprises.
CASA ratio reflects the proportion of Current Accounts to Savings Accounts, indicating low-cost deposit base quality.
