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InterviewSolution
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On Which Rate Bases, Overnight Money Is Needed By Bank From Rbi? |
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Answer» Marginal STANDING Facility (MSF) has been introduced by RBI with the main aim of reducing volatility in the OVERNIGHT lending rates in the inter-bank MARKET and to ENABLE smooth monetary TRANSMISSION in the financial system. Marginal Standing Facility (MSF) has been introduced by RBI with the main aim of reducing volatility in the overnight lending rates in the inter-bank market and to enable smooth monetary transmission in the financial system. |
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