State Development Loans (SDLs) are securities issued by State Governments in India to raise loans from the market.
Economy Notes
The capital market in India encompasses the market for funds with a maturity of one year and above, commonly referred to as term funds
The Indian money market has undergone significant reforms over the years, driven by recommendations from expert committees
The Mumbai Interbank Offered Rate (MIBOR) serves as a critical benchmark for financial transactions within the Indian banking system
The London Interbank Offered Rate, commonly known as LIBOR, stands as one of the most significant benchmarks in the global financial landscape
The Discount and Finance House of India (DFHI), founded in March 1988 and operational since April 1988, serves as a money market institution.
the money market for short-term requirements (less than one year) and the capital market for longer durations (a year or more).
Macroprudential analysis emerged as a crucial tool employed by central banks worldwide to assess the overall health of the financial sector, particularly banks.
The SARFAESI (Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act, 2002, was designed to tackle the issue of NPAs (Non-Performing Assets) or bad assets.
Financial Stability and Development Council (FSDC) – UPSC Economy Notes
The Financial Stability and Development Council (FSDC) was established in 2010 to address the need for coordinated efforts among various financial regulators in India.