the Reserve Bank of India (Amendment) Act, 2006 was enacted in June 2006. Consequent to the enactment, the Reserve Bank, has decided to do away with the minimum requirement of 3% CRR and also to not have any maximum cap of 20% (as was the case before the Amendment).

SLR - Statutory Liquidity Ratio
SLR is that proportion of a bank’s Net Demand and Time Liabilities (NDTL) that it has to maintain as investments in certain specified assets. SLR is governed by the provisions of Section 24 of the
Banking Regulation Act. There is No minimum stipulation on SLR (earlier there used to be a minimum stipulated SLR of 25% - but this was removed with an amendment to the Banking Regulation Act in 2007).

However, SLR can not exceed 40%.
Net Demand and Time Liabilities
It is quite apparent that to arrive at CRR or SLR we need to first calculate NDTL.
What constitutes NDTL?

As the name suggest there are three broad components to NDTL.

    Demand Liabilities
    Time Liabilities; and
    A Netting Amount that is reduced from the Demand and Time Liabilities.

Additionally Demand and Time Liabilities (DTL) are further broken up into

    DTL to the banking system;
    DTL to Others; and
    Other DTL.

RBI has been empowered to decide on what kind of liabilities fall under DTL. In case of doubt, banks are advised to get a clarification from RBI.
NDTL Base for CRR and SLR

Is CRR and SLR maintained on the same base - viz NDTL?
The short answer is, No.

While the NDTL calculation is broadly the same, there are some important differences when it comes to it’s use to compute CRR and SLR.

Some items are exempt for CRR purposes and so, the base on which CRR is to be maintained is not the same as the base on which SLR is computed. We shall look at these differences in the base a little later.
Demand Liabilities

Demand Liabilities of a bank are liabilities which are payable on demand. These include

    current deposits;
    demand liabilities portion of savings bank deposits;
    margins held against letters of credit / guarantees;
    balances in overdue fixed deposits;
    cash certificates and cumulative/recurring deposits;
    outstanding Telegraphic Transfers (TTs);
    Mail Transfer (MTs);
    Demand Drafts (DDs);
    unclaimed deposits;
    credit balances in the Cash Credit account; and
    deposits held as security for advances which are payable on demand.

Time Liabilities
Time Liabilities of a bank are those liabilities that are payable other than on demand.

These include
    fixed deposits;
    cash certificates;
    cumulative and recurring deposits;
    time liabilities portion of savings bank deposits;
    staff security deposits;
    margin held against letters of credit, if not payable on demand;
    deposits held as securities for advances which are not payable on demand; and
    gold deposits.

Other demand and time liabilities (ODTL)
ODTL includes:
    interest accrued on deposits;
    bills payable;
    unpaid dividends;
    suspense account balances representing amounts due to other banks or public;
    net credit balances in branch adjustment account;
    Cash collaterals received under collateralized derivative transactions.

Any amounts due to the banking system which are not in the nature of deposits or borrowing are also to be included in other demand and time liabilities. Such liabilities may arise due to items like (i) collection of bills on behalf of other banks, (ii) interest due to other banks and so on
Inter Bank Assets

Assets with the banking system include

    balances with banks in current account;
    balances with banks and notified financial institutions in other accounts;
    funds made available to banking system by way of loans or deposits repayable at call or short notice of a fortnight or less; and
    loans other than money at call and short notice made available to the banking system.

Any other amounts due from banking system which cannot be classified under any of the above items are also to be taken as assets with the banking system.
Liabilities not to be included in DTL / NDTL calculation

The following liabilities are not be included in the DTL calculation for purposes of maintaining CRR and SLR

    Paid up capital, reserves;
    Any credit balance in the Profit & Loss Account of the bank;
    Amount of any loan taken from the RBI;
    Amount of refinance taken from Exim Bank, NHB, NABARD, SIDBI;
    Net income tax provision;
    Amount received from Deposit Insurance and Credit Guarantee Corporation (DICGC) towards claims and held by banks pending adjustments thereof;
    Amount received from ECGC by invoking the guarantee;
    Amount received from insurance company on ad-hoc settlement of claims pending judgment of the Court;
    Amount received from the Court Receiver;
    The liabilities arising on account of utilization of limits under Bankers Acceptance Facility (BAF);
    District Rural Development Agency (DRDA) subsidy of Rs.10, 000/- kept in Subsidy Reserve Fund account in the name of Self Help Groups;
    Subsidy released by NABARD under Investment Subsidy Scheme for Construction/Renovation/Expansion of Rural Godowns;
    Net unrealized gain/loss arising from derivatives transaction under trading portfolio;
    Income flows received in advance such as annual fees and other charges which are not refundable;
    Bill rediscounted by a bank with eligible financial institutions as approved by RBI;
    Provision not being a specific liability arising from contracting additional liability and created from profit and loss account.

NDTL Computation

Computation of NDTL is a multi step process as follows :

    Compute Demand Liabilities to the banking system
    Compute Time Liabilities to the banking system

Take the sum of the above two to arrive at “DTL to the Banking System” - (A)

    Compute Demand Liabilities to others
    Compute Time Liabilities to others

Take the sum of the above to arrive at “DTL to Others” - (B)

Compute Other Demand and Time Liabilities - (C)

Calculate Assets to the banking system - (D)

Compute Net Inter Bank DTL by subtracting Assets to the Banking System from DTL to the banking system - (A-D)

If the Net Inter Bank DTL so calculated is negative or zero, it is ignored.

Thus NDTL is given by

NDTL = (A-D)+(B+C) if A-D is greater than zero,

NDTL = B+C if A-D is less than or equal to zero.
CRR Maintenance

Items on which CRR maintenance is exempt:

Banks are exempted from maintaining CRR on the following liabilities:

    Liabilities to the banking system in India.
    Credit balances in Asian Clearing Union (US$) Accounts.
    Demand and Time Liabilities in respect of their Offshore Banking Units (OBU)

For CRR purposes, NDTL should not include inter-bank term deposits / term borrowing liabilities of original maturities of 15 days and above and up to one year. Similarly banks should exclude their inter-bank assets of term deposits and term lending of original maturity of 15 days and above and up to one year for calculating inter bank assets (which is used to net off DTL and arrive at NDTL). The interest accrued on such deposits should also not be included.

As a consequence of the above, CRR is not maintained on
    Net Inter Bank DTL;
    Non Resident Deposits (NRE and NRNR);
    FCNR (B) - Short term and Long term;
    Exchange Earner’s Foreign Currency (EEFC) accounts;
    Resident Foreign Currency Accounts;
    Escrow Accounts by Indian Exporters;
    Foreign Credit Line for Pre-Shipment Credit Account;
    Overseas rediscounting of bills;
    Credit Balances in ACU (US dollar) Account;

The ASIAN TIGERS OR ASIAN DRAGONS is a term used in reference to the highly developed economies of HONG KONG, SINGAPORE, SOUTH KOREA, AND TAIWAN.

 TIGER CUB ECONOMIES collectively refers to the economies of INDONESIA, MALAYSIA, THE PHILIPPINES, AND THAILAND, the four dominant countries in SOUTH EAST ASIA.

The Gulf Tiger or Arab Gulf Tiger is a nickname used to describe the period of rapid economic growth in the city of Dubai. The boom that Dubai has been experiencing since the 1990s is still going on, transforming the city from a desert village to a world class economic hub.

BALTIC TIGER is a term used to refer to any of the THREE BALTIC STATES OF ESTONIA, LATVIA, AND LITHUANIA during their periods of economic boom, which started after the year 2000 and continued until 2006–2007. The term is modeled on Four ASIAN TIGERS AND CELTIC TIGER, WHICH WERE USED TO DESCRIBE THE ECONOMIC BOOM PERIODS IN PARTS OF EAST ASIA AND IRELAND, RESPECTIVELY.

TIMBI is an acronym for five countries projected to be leading EMERGING ECONOMIES, TURKEY, INDIA, MEXICO, BRAZIL, AND INDONESIA, IN THE NEXT HALF CENTURY. ALL FIVE COUNTRIES HAVE RELATIVELY LARGE POPULATIONS, POSITIVE POPULATION GROWTH RATES, AND ARE DEMOCRACIES.

MIKT (also known as MIST) is a neologism referring to the economies of MEXICO, INDONESIA, SOUTH KOREA, AND TURKEY. These countries also belong to Next Eleven countries.
MIKT was coined by JIM O'NEILL OF GOLDMAN SACHS, who is also the creator of the term BRIC

CELTIC TIGER (IRISH: AN TÍOGAR CEILTEACH REFERS TO THE ECONOMY OF THE REPUBLIC OF IRELAND BETWEEN 1995 AND 2008, a period of rapid economic growth. The Irish economy expanded at an average rate of 9.4% between 1995 and 2000 and continued to grow at an average rate of 5.9% during the following decade until 2008, when it fell into recession. The expansion underwent a dramatic reversal from 2008,[13] with GDP contracting by 14%[14] and unemployment levels rising to 14% by 2011.


According to Goldman Sachs review of emerging economies, by 2050 the largest economies in the world will be as follows: China, USA, India, Brazil, and Mexico

SOUTH AFRICA  MEXICO              BRAZIL        CHINA       MALAYSIA
PHILIPPINES       THAILAND          INDIA           TURKEY

Brazil, China, India, Mexico and South Africa meet annually with the G8 countries to discuss financial topics and climate change, due to their economic importance in today's global market and environmental impact, in a group known as G8+5.[13] This group is expected to expand to G14 by adding Egypt alongside the five forementioned countries.[

"TATRA TIGER" is a nickname that refers to the ECONOMY OF SLOVAKIA in period 2002 - 2007[1] and after 2010[2] following the ASCENDANCE OF A RIGHT-WING COALITION IN September 2002 which engaged in a program of liberal economic reforms. The name "Tatra Tiger" derives from the local TATRA MOUNTAIN RANGE.

Financial inclusion
means extending basic banking services at affordable prices to the low income and disadvantaged groups
Purpose:to connect the excluded with the formal banking system in order to help them obtain an understanding of the financial services available and equipping them with the confidence to make informed financial decisions.
Basic services include deposits / withdrawals, credit, remittance, investment, insurance etc

Hedge means
Making an investment to reduce the risk of adverse price movements in an asset. Normally, a hedge consists of taking an offsetting position in a related security, such as a futures contract.
An example of a hedge would be if you owned a stock, then sold a futures contract stating that you will sell your stock at a set price, therefore avoiding market fluctuations.

Investors use this strategy when they are unsure of what the market will do. A perfect hedge reduces your risk to nothing (except for the cost of the hedge)

Hedge funds refer to funds that can use one or more alternative investment strategies, including hedging against market downturns, investing in asset classes such as currencies or distressed securities, and utilizing return-enhancing tools such as leverage, derivatives, and arbitrage

Teaser Loan
An adjustable-rate mortgage loan in which the borrower pays a very low initial interest rate, which increases after a few years. Teaser loans try to entice borrowers by offering an artificially low rate and small down payments, claiming that borrowers should be able to refinance before the increases occur.

Treasury bills
A treasury bills nothing but promissory note issued by the Government under discount for a specified period stated therein. The Government promises to pay the specified amount mentioned therein to the beater of the instrument on the due date. The period does not exceed a period of one year. It is purely a finance bill since it does not arise out of any trade transaction. It does not require any ‘grading’ or’ endorsement’ or ‘acceptance’ since it is clams against the Government. Treasury bill are issued only by the RBI on behalf of the Government. Treasury bills are issued for meeting temporary Government deficits. The Treasury bill rate of discount is fixed by the RBI from time-to-time. It is the lowest one in the entire structure of interest rates in the country because of short-term maturity and degree of liquidity and security

CAR
CAR Stands 4 Capital adequacy ratio
wic determines the capacity of a bank in terms of meeting the time liabilities and other risk such as credit risk, market risk, operational risk, and others. It is a measure of how much capital is used to support the banks’ risk assets

Capital Adequacy Ratio (CAR)=
Bank’s Capital / Bank’s Risk Weighted Assets

MUTUAL FUND
A mutual fund is made up of money that is pooled together by a large number of investors who give their money to a fund manager to invest in a large portfolio of stocks and / or bonds

MONEY LAUNDERING
Money laundering is the practice of engaging in a series of financial transactions to conceal the ownership, source, control or destination of illegally gained money
Money laundering often occurs in three steps:
1 placement
2 layering
3 integration

CREDIT RISK
Credit risk is the risk of loss that may arise from the failure of a business partner (also known as a counter party) to reimburse a loan when it is due. For example, if a bank expects a counter party to reimburse a $10 million loan on a specific date, and the counter party fails to provide funds, the bank incurs a credit loss. A counter party usually fails to pay because of bankruptcy or temporary monetary difficulties

in short v cn say Credit risk is an investor’s risk of loss arising from a borrower who does not make payments as promised.

MARKETING RISK
means risk of failure of mktg strategy
becoz of various reasons like change in buyers taste , change in competitor mkt strategy , etc

RISK MANAGEMENT
is the process of measuring, or assessing risk and then developing strategies to manage the risk

1. What is a Repo Rate?
A: Repo rate is the rate at which our banks borrow rupees from RBI. Whenever the banks have any shortage of funds they can borrow it from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases, borrowing from RBI becomes more expensive.
2. What is Reverse Repo Rate?
A: This is exact opposite of Repo rate. Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. RBI uses this tool when it feels there is too much money floating in the banking system. Banks are always happy to lend money to RBI since their money is in safe hands with a good interest. An increase in Reverse repo rate can cause the banks to transfer more funds to RBI due to this attractive interest rates.
3. What is CRR Rate?
A: Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks.3
4. What is SLR Rate?
A: SLR (Statutory Liquidity Ratio) is the amount a commercial bank needs to maintain in the form of cash, or gold or govt. approved securities (Bonds) before providing credit to its customers.
SLR rate is determined and maintained by the RBI (Reserve Bank of India) in order to control the expansion of bank credit. SLR is determined as the percentage of total demand and percentage of time liabilities. Time Liabilities are the liabilities a commercial bank liable to pay to the customers on their anytime demand. SLR is used to control inflation and propel growth. Through SLR rate tuning the money supply in the system can be controlled efficiently.
5. What is Bank Rate?
A: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply.
6. What is Inflation?
A: Inflation is as an increase in the price of bunch of Goods and services that projects the Indian economy. An increase in inflation figures occurs when there is an increase in the average level of prices in Goods and services. Inflation happens when there are fewer Goods and more buyers; this will result in increase in the price of Goods, since there is more demand and less supply of the goods.
7. What is Deflation?
A: Deflation is the continuous decrease in prices of goods and services. Deflation occurs when the inflation rate becomes negative (below zero) and stays there for a longer period.
8. What is PLR?
A: The Prime Interest Rate is the interest rate charged by banks to their most creditworthy customers (usually the most prominent and stable business customers). The rate is almost always the same amongst major banks. Adjustments to the prime rate are made by banks at the same time; although, the prime rate does not adjust on any regular basis. The Prime Rate is usually adjusted at the same time and in correlation to the adjustments of the Fed Funds Rate. The rates reported below are based upon the prime rates on the first day of each respective month. Some banks use the name "Reference Rate" or "Base Lending Rate" to refer to their Prime Lending Rate.
9. What is Deposit Rate?
A: Interest Rates paid by a depository institution on the cash on deposit.
POLICY RATES:
Bank Rate:10.25%
Repo Rate: 7.25%
Reverse Repo Rate:6.25 %
marginal standing facality rate : 10.25%

RESERVE RATIOS:
CRR: 4.00%
SLR: 23.0%

LENDING/DEPOSIT RATES:
base rate 9.70%-9.00%
PLR:
Deposit Rate: 7.50%-10.25%
Savings Bank rate: 4.00%

10. What is FII?
A: FII (Foreign Institutional Investor) used to denote an investor, mostly in the form of an institution. An institution established outside India, which proposes to invest in Indian market, in other words buying Indian stocks. FII's generally buy in large volumes which has an impact on the stock markets. Institutional Investors includes pension funds, mutual funds, Insurance Companies, Banks, etc.
11. What is FDI?
A: FDI (Foreign Direct Investment) occurs with the purchase of the “physical assets or a significant amount of ownership (stock) of a company in another country in order to gain a measure of management control” (Or) A foreign company having a stake in a Indian Company.
12. What is IPO?
A: IPO is Initial Public Offering. This is the first offering of shares to the general public from a company wishes to list on the stock exchanges.
13. What is Disinvestment?
A: The Selling of the government stake in public sector undertakings.
14. What is Fiscal Deficit?
A: It is the difference between the government’s total receipts (excluding borrowings) and total expenditure. Fiscal deficit in 2009-10 is proposed at 6.8% of GDP.
15. What is Revenue deficit?
A: It defines that, where the net amount received (by taxes & other forms) fails to meet the predicted net amount to be received by the government. Revenue deficit in 2009-10 is proposed at 4.8% of GDP.
16. What is GDP?
A: The Gross Domestic Product or GDP is a measure of all of the services and goods produced in a country over a specific period; classically a year. GDP during 2008-09 is 6.7%.
17. What is GNP?
A: Gross National Product is measured as GDP plus income of residents from investments made abroad minus income earned by foreigners in domestic market.
18. What is National Income?
A: National Income is the money value of all goods and services produced in a country during the year.
19. What is Per Capita Income?
A: The national income of a country, or region, divided by its population. Per capita income is often used to measure a country's standard of living.Per capita income during 2008-09 estimated by CSO: Rs.25, 494.
20. What is Vote on Account?
A: A vote-on account is basically a statement ,where the government presents an estimate of a sum required to meet the expenditure that it incurs during the first three to four months of an election financial year until a new government is in place, to keep the machinery running.
21. Difference between Vote on Account and Interim Budget?
A: Vote-on-account deals only with the expenditure side of the government's budget, an interim Budget is a complete set of accounts, including both expenditure and receipts.
22. What is SDR?
A: The SDR (Special Drawing Rights) is an artificial currency created by the IMF in 1969. SDRs are allocated to member countries and can be fully converted into international currencies so they serve as a supplement to the official foreign reserves of member countries. Its value is based on a basket of key international currencies (U.S. dollar, euro, yen and pound sterling).
23. What is SEZ?
A: SEZ means Special Economic Zone is the one of the part of government’s policies in India. A special Economic zone is a geographical region that economic laws which are more liberal than the usual economic laws in the country. The basic motto behind this is to increase foreign investment, development of infrastructure, job opportunities and increase the income level of the people.

RBI 21 July 2013 GENERAL AWARENESS

RBI 21 July 2013 GENERAL AWARENESS

NOTE BANKING TERM 20 TO 25 QUESTION ASKED

some question related to best actress,  rate , grand slam  mortgage

Operation flood is associated with dairy products

 Expand RFID radio freqency identification

 Study of worker and work place  ergonomics

 Indias population  121 crore 

 who is the governer of megalaya  kk paul

sbi card issued in kuwait for direct deposit

SBI EXPRESS RUPEE  From Gulf sbi express remittance

The `brown label' has come up as an alternative between bank-owned ATMs and 'white label'
ATMs. As in India white label ATMs were not allowed by RBI
ATM machine is owned by a service provider, but cash management and connectivity to banking
networks is provided by a sponsor bank whose brand is used on the ATM

in july  India has signed trade defence

 best actress iifa awards 2013 vidya balan

samsung hyundai south korea

WEF asian edition  Myanmar

wimbledon Marion Bartoli     2013

 why does CTS 2010 implemented  faster clearing process to make settelment faster

Cheque truncation (check truncation in American english) is the
conversion of physical cheque into a substitute electronic form for transmission to the paying bank. Cheque truncation eliminates cumbersome physical presentation of the cheque and saves time and processing costs.

taxes on imports Custom Duty

price fall deflation

Not affect current deficit account

International Centre for Settlement of Investment Disputes Washington, D.C

National Development Council approves 12th Five Year Plan

repo rate 7.25 %

 reverse repo rate 6.25 %


saving bank rate fixed by individual bank


RBI 20 july 2013  GENERAL AWARENESS


    1) when bank gives loan against LIC policy which value they
    consider? face value, surrender value, insured value?
    2.) what is inflation?
    3.) 17th SAARC summit theme?
    4.) which country's share market named hangseng?
    5.)how many years has been completed by SEBI?
    6.) Wimbeldon men's title?
    7.) what is fast clearing of cheques in banks?
    8.) what impact depreciation of rupee has on Gold prices and its demand?
    9.) what is prime lending rate given by banks?
    10.)find out correct staement regarding money bill? like if it can
    be introduced in lok sabha only or in rajyasabha? 14 days hold by
    rajya sabha..rejection of bill by rajya sabha/
    11.) which committe on human resource managament has submitted its
    report giving 105 recommendations?
    12.)food security bill is meant for how much perecnt to rural people
    in india?25% 50% 75%


terminology 20-30 questions reference to RBI IBA, SEBI
What is the tax for Rs 500000?
Demat account used for ?
When insurance is given by banks what they look upon ?
Current CRR rario?
USB in bank terminology?
2012  FRENCH WOMENS TITLE?
International  womens day?

1. What is the tax for Rs 500000?
2. Demat account used for ?
3. When insurance is given by banks what they look upon ?
4. Current CRR Ratio?
5. USB in bank terminology?
6. French Open 2013 Women’s Title won by Ans. Serena Williams
7. International women’s day?Ans. March 8
8. ISRO headquarters?Ans. Bangalore
9. Banking ombudsman given authority by
10. Life of Indian currency
11. White label ATM?
12. Book by written Amartya sen
13. ARCIL function
14. Question on bharat nirman

BANKING

BANKING

1.Money market It refers to borrowing and lending. 2 parts organized and unorganized
sector – Organized sector are State Bank, 7 associated banks, 19 Nationalised banks,
RRB, Co-operative Banks, Non Governmental sector and other Banks. Unorganized
includes the moneylenders and indigenous bankers.

Development of Indian Banking: Bank of Hindusthan 1779 was first bank at
Calcuttaunder European management-Bank of Bengal 1806 , Bank of Bombay 1840,
bank of Madras 1843, were called Presidency banks. 1881- First Bank with limited
liability to be managed by Indian Board namely the Oudh Commercial bank- 1894-
First purely Indian bank was Punjab National bank- Later Imperial bank 1921 by
amalgamating the Presidency banks. RBI created in 1935- nationalized in 1949 –
Imperial Bank, renamed as SBI in 1955- 14 Banks (50 crores) nationalized 6 Banks
(2 00crores) nationalized 1980 – N.B.I. merged with P.N.B. in 1993

1994-95 M.C.Bhandari Committee: to invest NON – SLR surplus fund in
profitable areas
1995-96 –K.Basu Committee: Re-organisation of selected RRB’s
Narasimham committee recommended to give more freedom to RRB
Committees: 1.Narasimham committee 1991 financial reforms.
b. Goiporria Committee – 1990 – improvement of consumer service in banking
c.Janakiraman Committee – 1992 high-level enquiry on irregularities in securities.
d.J.P.C. Shares scam in 1992. e. Chandrashekar Committee: 1997 transfer of shares.
f. Pherwani Committee: 1991 established National Stock Exchange.



Banking Ombudsman – RBI introduced 1995 – 11 already appointed all except RRB
included. Time limit one month

Nationaliation of Banks : Jan 1st 1949 - RBI,  1955-SBI
July 19th 1969 - 14 large commercial banks whose reserves were more thanRs.50 Crore.
1980 April 15 – 6 Private Sector banks whose reserves were more thanRs.200crore.]
1993 the New Bank of India (1980) merged with Punjab National Bank(1969)
Totally 28banks are nationalised

Some important banking Institutions:
a) IDBI- 1964-To provide financial assistance to industrial enterprises and to promote
institutions engaged in industrial development.
b) IFCI: 1948 Act -To arrange medium and long term credit for varuois industrial
enterprises- 1993 corpn was converted into a company
c) ICICI: 1955-Developing medium and small industries –2002 merged with ICICI Bank
d) UTI: 1964- Biggest mutual fund- people’s savings and reinvestment. It started UTI
bank in 1994 at Ahenmedabad.
Various Funds of UTI: 1) India Fund-1986 (ii) India Growth Fund 1988 (iii) India Access
Fund 1997 (iv) India Debt Fund 1997 (v)Master Value- Index Fund 2 in 1998.
e) EXIM bank: 1982- For financing, facilitating and promoting foreign trade in India.
f) NHB: 1988-wholly owned by RBI.Apex institution for housing finance,