While the transfer of shares and transmission of shares suggest a change in ownership of the title, the former is voluntary and initiated by the transferee or transferor. And the latter is operational by law and is initiated by the legal representative or receiver. What is transfer of shares? …
The marginal cost of funds-based lending rate (MCLR) regime leads to better pass-through of changes in benchmark policy interest rates than the previous base rate regime, a working paper written by the Reserve Bank of India (RBI) staff said. According to the paper, under the MCLR regime, an increase of 100 basis …
The newer marginal cost of funding based lending rate (MCLR) system is more effective than the erstwhile base rate method, a paper by the Reserve Bank of India said on Friday. The paper said that for every 1 percentage point increase by the RBI in its repo rate, the weighted average lending …