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Daily Archives: April 26, 2019

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RBI – Central Banking Glossary: Capital Funds

Reserve Bank Functions and newsBy Surendra NaikApril 26, 2019

Economic capital: There are three types of capital viz. Regulatory capital, Book capital and Economic capital. Regulatory capital is the amount of capital a bank is required to hold as per the stipulations prescribed by the banking regulator of the country. Book Capital is the actual capital that the bank has, which includes equity capital,…

Meaning of incoterms ‘Delivered at Terminal’ (DAT)

Foreign ExchangeBy Surendra NaikApril 26, 2019

“Delivered at Terminal’ or three letter abbreviation DAT refers to common contractual term used in international trade. The term DAT replaces earlier term ‘Delivered ex quay’.  As per ‘Delivered ex quay’ term   seller must deliver the goods at a wharf, and was thus applicable to goods delivered via waterways (whether inland or sea).  The term…

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