Reserve Bank of India Act, 1934 Reserve Bank of India Established RBI on 01.04.1935 Nationalized on 01.01.1949 Paid up capital –…
Limitation period for recovery of Debt in India is governed by the Limitation Act, 1963. The Limitation Act, 1963 specifies…
1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons,…
Difference between Consortium Banking and Multiple Banking is explained in this article What is Consortium Banking or lending under Consortium…
Reserve Bank of India (RBI) vide circular dated 02.11.2016 has directed banks to increase dispensation of Rs. 100 banknotes through ATMs which…
There are some sectors of the economy, which may face difficulty in getting timely and adequate credit. To facilitate these…
See: Expected DA for Bank Employees from February 2016 Increase in Dearness Allowance for Bank Employees for November 2016 to…
'Term Loan Appraisal' technique is explained in this article. Terms Loans are granted to finance Capital Expenditure like plant &…
Consequences of wilful default and penal measures for wilful defaulters are explained in this article. [You should consider reading Meaning of…
You must have come across the term 'Wilful Defaulter' or if you have worked on credit desk of a bank, you…