Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
A buyer of goods requires original shipping documents to take delivery of goods shipped to him by the seller. The seller (exporter) after shipment of goods prepares necessary set of…
The Government of India today (20/8/2016) announced Urjit Patel as the the new RBI Governor. The 52 years old Mr.Patel is the current Deputy Governor of RBI in charge of…
In a first move to consolidate the public sector banks, Union Cabinet approved on Wednesday, the merger of five of SBI’s associate banks viz. State Bank of Travancore (SBT), State…
The Apex bank after examining the recommendations of the Shri G Gopalakrishna (former Executive Director of RBI) committee on ‘Committee on Capacity Building in Banks All India financial Institutions’ in…
At present, no checkbook would be issued to the account holder, in the event of dishonour of a cheque valuing rupees one crore and above in his account on four…
The Sachet (‘सचेत’) portal makes available the information regarding entities that are allowed to accept deposits and prescribes regulations that different entities have to follow. The general public check on…
GST stands acronym for Goods and Services Tax. Currently, Central and State Governments levy multiple types of taxes on goods and services like Central Sales Tax, Central excise duty (Cenvat),…
[This article discusses the meaning of consumer price index; the formula used for linking the conversion Factor Base 2001=100 to Base 1960=100 and method of arriving eligible rate of DA]. Dearness…
Update: The Sovereign Gold Bonds series I issued on August 05, 2016 and held in dematerialised form shall be eligible for trading on Thursday, September 01, 2016 on the stock exchanges…
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