The minimum interest rate below which banks cannot lend to most borrowers
A facility under which scheduled commercial banks can borrow overnight funds from the RBI at a rate higher than the repo rate
The practice of valuing a mutual fund's portfolio at current market prices at the end of each day to calculate the NAV. Ensures that the NAV reflects the true current value of the underlying assets. Debt fund NAVs are also marked to market
The total market value of a company's outstanding shares
A temporary pause on loan repayments granted by a lender
The initial period at the start of a loan tenure during which the borrower is not required to make EMI payments. Common in education loans and project finance. Interest accrues during the moratorium and is either added to the principal or paid separately