Post by: Renu Suresh in Banking
Marginal Cost of Funds Based Lending Rate - MCLR The marginal cost of funds based lending rate refers to the minimum interest rate of a bank below which the bank cannot lend, except in some cases allowed by the Reserve…
Post by: Chris John in Banking
Cash Reserve Ratio The share of a commercial bank's total deposit which the Reserve Bank of India (RBI) mandates to be maintained at the respective bank in the form of liquid cash is known as Cash Reserve Ratio or CRR.…
