Question
Who is the "lender of the last resort" in India?
The correct answer is
RBI
RBI is the lender of last resort: it can provide emergency liquidity to banks when normal funding sources are unavailable.
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Important Questions from RBI
- Who took over as the Deputy Governor of the Reserve Bank of India in May 2025?
- With which of the following government bodies, did the Reserve Bank of India (RBI) collaborate in June 2025 to curb spam loan and credit-card calls?
As reported in May 2025, which of the following banks of India provided in-principle approval to PayPal and Worldline to operate as cross-border payment aggregators in India?
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- In April 2025, the Reserve Bank of India (RBI) mandated banks to move to the '.bank.in' domain by ________.
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