Bill Rediscounting Scheme (BRDS) Tenor

IE-IFS Money Markets Free JAIIB Capsule 29 views Updated
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IE-IFS · Money Markets
BRDS provides liquidity by allowing banks to rediscount genuine trade bills. What is the minimum and maximum tenor allowed for a BRDS transaction?
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BRDS provides liquidity by allowing banks to rediscount genuine trade bills. What is the minimum and maximum tenor allowed for a BRDS transaction?

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This capsule covers Indian Economy & Indian Financial System, Money Markets. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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