Banking Term of the day
Credit Crunch
A credit crunch, credit crisis, or credit squeeze occurs when the general availability of credit declines considerably. We also use the term when...
Common mistake in English
PRINCIPAL vs PRINCIPLE
Principal Definition and Examples
The word “principal” has a few meanings. The first one is a person in charge of a school or...
Banking Term of the day
Amortisation
Amortisation is the process of spreading the repayment of a loan, or the cost of an intangible asset, over a specific timeframe. This is...
Common mistake in English
Indefinite Articles – A or An
The words a and an are called indefinite articles. We can use them with singular nouns to talk about any single person or thing....
Banking Term of the day
Off-balance sheet exposures
Off-balance sheet exposures refer to activities that are effectively assets or liabilities of a company but do not appear on the company’s...
Common mistake in English
WHO vs WHOM
WHO is a pronoun that refers to the subject of the sentence.
WHOM is a pronoun that refers to the object of the sentence.
Examples:
Who locked the door?
...
Banking Term of the day
‘On tap' authorisation of payment systems
RBI has issued guidelines on ‘on tap' authorisation of payment systems on 15th October 2019. The aim is to...
Common mistake in English
Then vs Than
THEN is an adverb that is used to situate events in time, and an adjective that means, “being so at the time”.
THAN is a conjunction that...
Common mistake in English
AFFECT vs EFFECT
Affect Definition and Examples
Primarily, “affect” is used as a verb. That means that it is performing an action on something or someone. The...
Banking Term of the day
Asset/Liability Committee (ALCO)
A risk management committee in a bank that evaluates the risk associated with the bank's assets and liabilities. It manages interest rate...
