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...

RBI introduces new measures In fight against economic slowdown

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The Reserve Bank of India (RBI)  came with another round of measures to ease a slowdown caused by the COVID-19, which includes discouraging banks...

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

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

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...

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

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...

All About Central Bank and Commercial Banks in India

Definition of Central Bank Central Bank is the supreme financial institution that regulates the banking and monetary system of the country. It is formed to...

How to prepare English Language & Comprehension for SSC CGL Tier 2 Exam

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How to prepare English Language & Comprehension for SSC CGL Tier 2 Exam SSC CGL Tier 2 Examination is the second stage of the exam...