Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
“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…
A restructured or rescheduled account is practically a new loan replacing the older account. The purpose of restructuring of a loan is to accommodate the borrower who is in financial…
Mr.Yogesh Dayal, Chief General Manger of RBI in his press release dated Apr 20, 2019 clarified that RBI has not issued any direction on 5 days week in banks and…
The Taylor rule was first proposed by economist John B. Taylor in 1993 to provide guidance to the U.S. Federal Reserve* and other central banks for setting short-term interest rates…
The potential loan losses arise to banks and financial institutions due to default of repayments from borrowers or renegotiated terms of a loan or one time settlement that incur lower…
In terms of notification No. FEMA 10(R)(2)/2019-RB dated February 27, 2019, the Reserve Bankof India on April 2019 advised all ategory – I Authorised Dealers and Authorised Banks that they…
The Finance Ministry in its communication said that it has decided to keep the interest rate unchanged on small savings schemes for the three-month period beginning April 1.The announcement covers…
RBI on 08.04.2019 notified new minimum standard for setting up new currency chests as per recommendations of Currency Movement Committee. The Currency Movement Committee headed by Shri. D. K. Mohanty…
Reserve Bank of India (RBI) in its press release announced that it has learnt merger of Lakshmi Vilas Bank (LVB) and Indiabulls Housing Finance Limited (IBHFL)through media. As per media…
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