Foreign Institutional Investors are SEBI authorised foreign based institutions. They invest in the Indian equity market and debt market through stock exchanges. Foreign Institutional investors most notably include hedge funds, insurance companies, pension funds and mutual funds. Click below to know; What is Universal Banking? What is Bancassurance? What is Stock Exchange and stock broker?…
Reserve Bank Notification No. FEMA 5/2000-RB, [dated May 3, 2000AP (DIR SERIES) (2002-2003)] 2. RBI circular No. 5 dated 15-7-2002, and 3. A.P. (DIR Series) Circular No. 45, dated May 14, 2002 give guidelines on various debits and credits allowed in NRE accounts. The following are the permitted debits and credits allowed in NRE accounts.…
The equity market represents the trading of equities known as stock market or share market. Debt market is basically a market where fixed income instruments/securities traded. The debt instruments are issued by the central and state governments, Municipal corporations, Banks, financial institutions and corporate. The nature of equity and debt instruments are vastly different with…
Debt market is basically a market where fixed income instruments/securities issued by the central and state governments, Municipal corporations are traded. The fixed reimbursement securities may also be issued by commercial banks, financial institutions as well as corporate bodies. Regulators: The Government securities and bonds issued by banks and financial institutions are regulated by RBI.…
The fair practices code for debt collection framed by the banks is revolved around dignity and respect to customers. The codes are outlined based on recommendations of the Working Group on Lenders’ Liability Laws constituted by the Government of India. Banks security repossession policies were aimed at recovery of dues in the event of default…
The Banking Codes and Standards Board of India (BCSBI) was constituted on the recommendation of the committee under the Chairmanship of Shri S.S.Tarapore former Deputy Governor of RBI. It was registered as a Society under the Societies Registration Act 1860 in February 2006. The primary objective of the BCSBI is a board for hassle-free service…
