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Biggest Bank Robberies in world

Every other day there is a story about bank robbery, some inspired by a movie and some with such mindblowing ideas that movies are made on them. But can you imagine what could be the amount of biggest bank robberies? There are bank robberies amounting in thousands of crores and some Read more…

By BankersClub, 6 yearsAugust 20, 2016 ago
Knowledge Hub

Bank Accounts for NRIs

Different type of bank accounts a Non Resident Indian (NRI) can open and maintain in India, their features and benefits are: Non-Resident Ordinary Rupee Account (NRO Account) May be in the form of Saving Account, Current Account, Recurring Deposit or Fixed Deposit. Resident can be a joint holder with NRI Read more…

By BankersClub, 7 yearsJuly 29, 2016 ago
Misc.

Why you should not delay payment of Credit Card Bill

Credit Card is a widely used method of payment these days, as it allows to shop now and pay later. So, in way, you postpone the actual payment of your expenditure or shopping. All the spending of the month is billed and you are required to pay the credit card Read more…

By BankersClub, 7 years ago
Articles

What are current assets and what are current liabilities and how to identify in balance sheet.

Current Assets are the assets which can be converted in cash within a short period of time (not more than one year). There are some assets, which can be disposed to generate cash immediately, which are known as liquid assets and some other which are held to generate cash within Read more…

By BankersClub, 7 yearsJune 18, 2016 ago
Knowledge Hub

What is a Standby Letter of Credit (SBLC)?

Standby Letter of Credit (SBLC) acts almost like a substitute for guarantee. SBLC is a guarantee to make payment in case of non-performance, which is issued by a bank on behalf of a client. Unlike Letter of Credit under which are primary method of payment, SBLCs are used as secondary Read more…

By BankersClub, 7 yearsJune 12, 2016 ago

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