Who + How lending rates of Banks are decided?

Now that RBI have the deciding power

RBI

Chronology

Scheduled Banks

JUNE 2020– BRA-1949 Ordinance
Cooperative Single state: Urban

Cooperative Multi state brought under the sole regulation of RBI.. previously it was under RBI + state

MoCA–> NFRA=National Financial Reporting Authority (Statutory Body)–> CA + auditors of company have to report to them but didnt in case of IL
DRR= Debenture Reserve Ratio
Debenture– A long term security yielding fixed interest secured against some girwi.
ALM= Asset Liablity Management
CGEC= credit Guarantee Enhancement Corporation
LIFt= Liquidity Infusion Facility