Economics · Banking Sector Reforms
Which of the following benchmarks was NOT suggested by the RBI Internal Study Group (ISG) for external benchmarking under the Marginal Cost of Funds Based Lending Rate (MCLR) system review?
- 1Government of India 3-Month Treasury Bill yield
- 2Reserve Bank of India policy repo rate
- 3Savings Deposit Rate✓
- 4Government of India 6-Month Treasury Bill yield
Correct answer
Savings Deposit Rate
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