Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
RuPay cards are gaining momentum as a domestic card payment network in India. The RuPay cards payment network is similar to international payment card networks like Visa International and MasterCard.…
Liquid fund is a type of mutual fund akin to a savings bank account of a bank. The liquid fund does not have lock-in period, so the investor can enter…
The functions of Mutual Fund Organizations (MFO) can be described as (a) Collection of funds from public (b) Investment of funds collected from public in capital market (c) Proper management…
The fund based finance in banks is in different forms. The facilities like Overdrafts,Cash Credit A/c, Bills Finance, Demand Loans, Term Loans etc, wherein immediate flow of funds available to…
Edited on 20.10.2022 Every commercial bank in India has to maintain reserves under statutory provisioning norms. The change in SLR and CRR either increases or decreases the money supply to…
Bank rate is actually the rate of interest at which Reserve Bank of India is lending to commercial banks. Reserve Bank of India is prepared to buy or re-discount bills of…
(This article explains how the garnishee order and IT attachment orders are different and explains the method of disposal by the Bank branches when they receive such orders from the…
GAAR is a short form of General Anti-Avoidance Rules. The tax avoidance by the individuals and companies is a common fact all over the world. In order to realize more…
A partnership is that two or more people jointly carry on a business and share its profit or loss. All the partners are jointly and severally liable for the debts…
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