Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
Update :In terms of Reserve Bank’s extant guidelines on lending to priority sector, a target of 40 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent amount of Off-Balance…
In banking lexicon, provisioning means to set aside or provide some funds to cover up losses if things go wrong and some of their loans turn into bad assets. Provisioning…
12 slabs increase in DA for Aug 2018 – Oct 2018 CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above,…
12 slabs increase in DA for bank officers, CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above, the average CPI…
12 slabs increase in DA for Aug 2018 – Oct 2018 CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the above,…
12 slabs increase in DA for Aug 2018 – Oct 2018 and CPI for June 2019 is 291 (6596.68) as per the announcement of Labour Bureau today (31.07.2018). With the…
[Banks have many other ways to find out whether they can still enforce the recovery suits against the defaulter where period of limitation has already been expired.] The life of…
According to Section 2 (j) of the Limitation Act, 1963, the life of a loan document (DPN) is three years. Once the original Demand Promissory Note (DPN) is expired then…
Any contract that is executed by an executant without for any consideration is void in the eyes of law. As per section 25 (3) of the Contract Act, a fresh…
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