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Which of the following committees had introduced the concept of Standing Deposit Facility (SDF)?

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Which of the following committees had introduced the concept of Standing Deposit Facility (SDF)?
1). Nachiket Mor Committee
2). Urjit Patel Committee
3). Rangrajan Committee
4). Raghuram Rajan Committee


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SDF is an instrument for RBI used by RBI for absorption of surplus liquidity from the system. It was first suggested by Urjit Patel Committee in January 2014. The proposal for SDF was introduced in the Union Budget of 2018.

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