The interest rate at which the Reserve Bank of India (RBI) lends money to scheduled commercial banks which are facing heavy shortage of liquidity is known as Marginal Standing Facility (MSF) rate.You can read about The Reserve Bank of India: Functions and Composition in the given link.
Further readings:
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Related Links |
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List of Different Types of Banks in India- Category and Functions |
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Statutory Liquidity Ratio (SLR) – Definition, Objectives, Impacts |
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