Legal Knowledge

Features of the SARFAESI Act The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, […]

Definition of Open Market Operations (OMO) Open Market Operations (OMO) refer to the buying and selling of government securities in

Definition of Statutory Liquidity Ratio (SLR) The Statutory Liquidity Ratio (SLR) is the percentage of a commercial bank’s net demand

Definition of Cash Reserve Ratio (CRR) The Cash Reserve Ratio (CRR) is the proportion of a commercial bank’s total deposits

The repo rate (short for “repurchase rate”) is the rate at which the Reserve Bank of India (RBI) lends money

The Role of the Reserve Bank of India in Controlling Commercial Banks The Reserve Bank of India (RBI), established in