Articles

What is Letter of Credit?

A letter of credit is issued (opened) bank a Bank on the request of his buyer customer in favour of seller, which is an undertaking by the bank to make payment to the seller if fulfills his obligations. The process of Letter of Credit is described in the following images and also Read more…

By BankersClub, ago
Articles

What is working Capital?

Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets to cover the short term liabilities of the organization. Working Capital is calculated as Current Assets – Current Liabilities, also represented as Net Working Capital. The Working Capital Ratio or Read more…

By BankersClub, ago
Articles

All Finacle 10 Commands

Finacle 10 or Finacle X is the latest buzz in Banking Industry. Some Banks have already migrated to Finacle 10 whereas some are under implementation. Finacle 10 is the upgraded version of the flagship product of Infosys, which is being worldwide bank various banks. If your bank has also migrated Read more…

By Jai, ago
Articles

Write Articles for us

BankersClub.in is visited by around 100,000 bankers per month. Show your skills and write for the other fellow bankers. If you have good knowledge about any banking topic, you can write articles for BankersClub. The article may be anything related to banking or concerning bankers. The article should be minimum Read more…

By Jai, ago
Articles

Govt. to overhaul HR practices in Public Sector Banks

According to a news report, Central Government is seeking to revamp the existing practices in Human Resource and Risk Management in Public Sector Banks. Suggested changes include hiring in specialized verticals at senior levels from private sector, establishing remuneration committee an making the board more accountable. The function of management Read more…

By Jai, ago