LAN stands for the acronym for local area network, and WAN stands for wide area network. LANs and WANs are…
Core Banking Solution (CBS) is centralized Banking Application software. The Customers can access their accounts and perform certain transactions from…
Information and Communication Technology (ICT) includes a wide variety of technologies in many areas, including business, education, and economic growth.…
Corporate Debt Restructuring (“CDR”) is typically a voluntary framework, under which financial institutions and banks restructure the debt of companies…
It is inevitable for banks to ascertain that bank could easily take possession of such security based on documents obtained…
A legal document is a written agreement between two or more parties that can be relied upon in court. They…
Banks may lend up to 80 to 85 percent of the face value of NSCs or KVPs in the form…
Banks offer loans against securities for customers' short-term funding needs. Loans against shares, government bonds, insurance policies, NSCs, and other…
A loan against a term deposit, also known as a loan against a fixed deposit (FD), is a secured loan…
Book debts are typically made up of sums owed for goods or services supplied or work carried out on credit.…