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👥Vacancies:
General Stream: 12
Legal Stream: 4
Information Technology Stream: 4

The detailed advertisement to be published on the IFSCA website (www.ifsca.gov.in) on September 11, 2025.

What ❓ is Standing Deposit Facility (SDF) Rate

Banking Ki Baat 13

Standing Deposit Facility (SDF) Rate

•Think of this as the 💵 interest the RBI pays to banks when banks keep their extra money with the RBI without giving any security (like government bonds).
•It is basically a way for the RBI to 🧹absorb extra money from the banking system.
•Example: If a bank has more money than it needs, it can park it safely with RBI at the SDF rate and earn some interest.
You can say SDF is like a 🏠safe locker for banks’ extra money, with interest.

In short: Banks park surplus with RBI 🔄 RBI pays interest ➡️ Helps control inflation & stabilize rates.