.United Nations Industrial Development Organizations (UNIDO)
HQ in?Trusted Family Bank
slogan of?
Serving To Empower
slogan of?
Solicitor General of India ?
Which of the following institutions entrusted to setup core banking infrastructure for Rural banks
CDS full form (in finance)
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CDO full form (in finance)👼👼
Commercial Paper: Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. Corporates, primary dealers (PDs) and the All-India Financial Institutions (FIs) are eligible to issue CP. Maturity period: between a minimum of 7 days and a maximum of up to one year from the date of issue. CP can be issued in denominations of Rs.5 lakh or multiples thereof. Only a scheduled bank can act as an IPA (Issuing and Paying Agent) for issuance of CP
. Treasury Bills: Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the Government of India issues three types of treasury bills through auctions, namely, 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments. Treasury bills are available for a minimum amount of Rs.25,000 and in multiples of Rs. 25,000. Treasury bills are issued at a discount and are redeemed at par. Treasury bills are also issued under the Market Stabilization Scheme (MSS).
Certificates of Deposit (CD): Certificate of Deposit (CD) is a negotiable money market instrument and issued in dematerialised form or as a Usance Promissory Note against funds deposited at a bank or other eligible financial institution for a specified time period. Note: CDs can be issued by (i) scheduled commercial banks {excluding Regional Rural Banks and Local Area Banks}; and (ii) select All-India Financial Institutions (FIs) that have been permitted by RBI Minimum amount of a CD should be Rs.1 lakh, and in multiples of Rs. 1 lakh thereafter. The maturity period of CDs issued by banks should not be less than 7 days and not more than one year, from the date of issue.👼👼👼👼👼👍👍👍👍
SCO meeting 2013 at ............?
ADB Annual Meeting2013?
Bad advances of a bank is called
According to The Raghuram Rajan committee report suggested a new methodology for devolving funds on states based on a 'Multi Dimensional Index (MDI)'
. Note: Based on the MDI scores, the 10 least developed states are:
Odisha, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Arunachal Pradesh, Assam, Meghalaya, Uttar Pradesh and Rajasthan.
ii. The 7 most developed status are Goa, Kerala, Tamil Nadu, Punjab, Maharashtra, Uttrakhand and Haryana
. iii. 11 less developed states are : Manipur, West Bengal, Nagaland, Andhra Pradesh, Jammu and Kashmir, Mizoram, Gujarat, Tripura, Karnataka, Sikkim and Himachal Pradesh
. iv. As per the report, the states with score of 0.6 and above on the Index have been classified as 'Least Developed'; states with score below 0.6 and above 0.4 'Less Developed'; and states with score of below 0.4 'relatively developed'.👼👼👼👼👼🍻🍻🍻
For filing and resolving customer complaint banking ombudsman charges
World Heritage Day
What is the meaning of ever-greening of loan?
Under ever-greening, banks provide additional loans to stressed
borrowers (who are unable to repay their loans). This type of loan is often given indirectly, to enable them to repay
existing loans. That can keep a loan from becoming non-performing asset (NPA), but it exposes bank to additional
risk
The Reserve Bank of India (RBI) recently fixed upper limit on rate of interest that can be charged by micro finance
institutions (MFIs) in the country. Deputy Governor of RBI K.C. Chakraborty on 16 February 2013 announced this upper limit
at a seminar on MFIs organized by the Indian Chamber of Commerce in Moscow. What is this upper limit of interest, above
which MFIs cannot charges from individuals? – 26 % p.a.
What are the important features of the term “Universal Banking”, as used in context of Indian
banking? -
A) Universal Banking provides a mix of commercial as well as investment
banking
B) Universal Banking also provides unique facility of availing services of banks located in any part of the
world at any time
Syndicated Loan
A very large loan extended by a group of small banks to a single borrower, especially corporate borrowers. In most cases of syndicated loans, there will be a lead bank, which provides a part of the loan and syndicates the balance amount to other banks.
Payee
Payee is the person to whom the money is to be paid by the payer.
Payer
Payer is the person who pays the money to the payee.
Debentures
Debentures are long term corporate bonds that are unsecured in nature. It must be noted that debenture holders are not protected by any collateral and tend to be treated like ordinary creditors
Breakeven point
The break-even point is the point at which gains equal losses. The basic idea behind break-even
point is to calculate the point at which revenues begin to exceed costs.
Goodwill
Goodwill is an accounting concept meaning the value of an entity over and above the value of its
assets. The term was originally used in accounting to express the intangible but quantifiable
"prudent value" of an ongoing business beyond its assets, resulting perhaps from the reputation
the firm enjoyed with its clients
👼👼👼👼👍👍👍👍👍👍Which Indian stock-exchange launched “Carbonex”, country's first carbon-based thematic index which provides facility of
assessing environment risks and opportunities to the investor?
BSE (This index was launched in 2012 and takes a
strategic view of organisational commitment to climate change mitigation)
It was announced in the Union Budget 2013-14, that all public sector banks would have ATMs at all of their branches. What
is the deadline for implementation of this announcement? – 31 March, 2014