Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The Government of Assam vide file No. E-221561/ 347, Dispur the 6th December, declared the following holidays for the year 2025 under section 25 of NI Act 1881. These holidays…
April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule applies to all…
Accounting terminology is the language used by accounting professionals such as income, expenses, assets and liabilities, etc. A computerised accounting system is a platform that processes financial transactions and events…
The process in which the accounts are handwritten on the paper-based register in the form of ledgers, subsidiary books, and journals to record the financial transactions is called Manual Accounting.…
A computerized accounting system is a software application that automates financial records and reporting processes to make them faster, more accurate, and easier to manage. It reduces the manual entry…
As the name says ‘computerised accounting’ is the use of computers, software, and hardware to process financial transactions and events and produce accounting reports: A computerized accounting system (CAS)…
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission (NCDRC) that capped the interest rate banks could charge on late credit card bill payments…
The Bank’s financial statements are prepared under the historical cost convention, on the accrual basis of accounting on a going concern basis, unless otherwise stated, and conform in all material…
The term ratio means a simple division of one number by another. It is measured by the number of times one number is contained by the other, either integrally or…
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