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Difference Between Reverse Repo Rate and Standing Deposit Facility? | Mint Primer

In April 2022, the Reserve Bank of India (RBI) launched the standing deposit facility (SDF) as a mechanism to curb inflation by absorbing liquidity. The ‘Expert Committee to Revise and Strengthen the Monetary Policy Framework’ advocated the SDF as a liquidity management tool in January 2014. However, Section 17 of the RBI Act of 1934 was modified in 2018 to allow the RBI to introduce this instrument, which was now brought into action in 2022. The central bank's decision to deploy SDF raises a significant dilemma, though, as the reverse repo rate can also be used to absorb liquidity. Let us start this discussion by explaining what is a SDF and how it is different from a reverse repo facility. #reversereporate #standingdepositfacility #rbi #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

13 Dec 2022
News

Parl panel rejects Facebook's plea for virtual appearance; offers to vaccinate officials

The parliamentary standing committee has also decided that all other social media and web platforms like YouTube, Google, etc. must send their representations physically before the panel

1 min read19 Jun 2021
News

Parliamentary panel to scrutinize EPFO corpus, benefit to workers

This is the first time in the last one year when EPFO will come under parliamentary scrutinyThe standing committee on Labour is also planning to look at ways to make EPFO more fruitful for working class, organized and unorganized sectors

3 min read19 Oct 2020
News

Opposition members raise farm laws issue in parliamentary panel meet

Opposition parties have urged the chairman of the parliamentary standing committee on agriculture to speak to PM Narendra Modi to make changes in farm lawsThe move is interesting because while it is outside the ambit of a parliament committee to demand such amendments

3 min read14 Oct 2020
News

Parliamentary committees to get reconstituted ahead of monsoon session

Lok Sabha speaker and Rajya Sabha chairman have asked political parties to suggest names for leading parliamentary committeesIt is an established procedure that after the first year of government, all standing committees get extended automatically

3 min read8 Sep 2020
News

Nepal's ruling communist party meeting fails to resolve Oli-Prachanda feud

The meeting of the Standing Committee of the NCP was held at the PM's official residence at Baluwatar in the national capital but it did not discuss political issuesPrime Minister Oli did not attend the meeting of the 45-member Standing Committee, next meeting will be held a week later

3 min read21 Jul 2020
News

Nepal ruling party's Standing Committee meeting postponed for two more days

Nepal ruling party's Standing Committee meeting to negotiate a power-sharing deal between PM K P Sharma Oli and former premier Pushpa Kamal Dahal 'Prachanda' stands postponed for two more days This is for the seventh time that the ruling party has postponed its Standing Committee meeting

3 min read19 Jul 2020
News

Fifteenth Finance Commission prepares defence funding framework

The idea of a non-lapsable defence fund has been mooted by a Parliamentary Standing CommitteeThis, because defence procurement and acquisition involves long gestation periods and funds allocated for capital acquisition in a particular fiscal are returned if not exhausted in that year

3 min read6 Feb 2020
News

BJP to head 14 of 24 Parliament standing committees, Jayant Sinha gets finance

The biggest setback has come for Congress which has lost the prestigious committees like finance and external affairs to BJPThe only ally of the BJP to have got chairmanship of a parliamentary committee is the Shiv Sena

1 min read14 Sep 2019
Industry

India Lawmakers’ Panel Seeks Gas Subsidy to Revive Power Plants

The federal government should supply the gas at lower than market rates by utilizing funds from the so-called Power System Development Fund or from the environment tax on coal, the Standing Committee on Energy said in its report on Friday.

1 min read4 Jan 2019
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Budget

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