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Roughly $1.2 trillion in mortgages and another $1 trillion in mortgage-backed securities are set against LIBOR, according to the Alternative Reference Rates Committee, a U.S. financial industry group. London Interbank Offered Rate to be replaced by the end of 2021 The benchmark is used to set mortgage rates, loans, and other financial contracts LIBOR at center of banking scandal which saw rates

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CRR & SLR are explained in Hindi. Cash Reserve Ratio and Statutory Liquidity Ratio are measures or tools of RBI Monetary Policy that help in controlling inflation and striking a balance with growth.