Banking Awareness : Non Performing Assets (NPA)
Non Performing Assets (NPA)
NPAs refer to loans which are in risk of default. Reserve Bank of India (RBI) defines NPAs as below:
An asset, including a leased asset, becomes non-performing when it...
Banking Awareness : MCLR (Marginal Cost of Funds based Lending Rate)
MCLR (Marginal Cost of Funds based Lending Rate)
MCLR (marginal cost of funds based lending rate) is the lowest interest rate that a bank or lender can offer. Most banks cannot offer HOME...
List Of Important Appointments Free PDF : List Of New Appointments PDF Download
List Of New Appointments PDF Download
Hello Aspirants,
Below We Are Providing the list of all important Appointments in India & World Free Pdf. The Pdf Contains APPOINTMENTS OF PRESIDENTS – PRIME MINISTERS OF...
Banking Awareness : Credit Creation by Commercial Banks
Credit Creation by Commercial Banks
Creation of credit is an important function of a commercial bank. Prof. Sayers said “Banks are not merely purveyors of money but, also in an important sense...
Banking Awareness : NRE and NRO Accounts
Non-Resident External (NRE) Account
An NRE account is a savings account opened by an NRI to park his/her income earned outside India. The principle and the interest earned from it are freely...
Banking Awareness : Bancassurance
Bancassurance – The Concept
In India banking and insurance sectors are regulated by two different entities. The banking sector is governed by Reserve Bank of India (RBI) and the insurance sector is...
Banking Awareness : Types of deposit accounts
Types of deposit accounts
Different types of bank accounts serve different needs. Depending on your goals, it’s wise to put money into the best account and use the right tools for spending...
Banking Awareness : Reserve Bank of India – Monetary Policy
Reserve Bank of India - Monetary Policy
Monetary policy refers to the policy of the central bank with regard to the use of monetary instruments under its control to achieve the goals...
Currency in Circulation : Banking Awareness
What is 'Currency in Circulation'
Currency in circulation is a currency that is physically used to conduct transactions between consumers and businesses rather than stored in a bank, financial institution or central...
Banking system in India : Types of Banks
Types Banks in India
A bank is a financial institution whose purpose is to receive deposits and lend money to individuals and businesses, disburse payments, invest funds in securities for a return,...
