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Articles related to Banking Knowledge.

What is working Capital?

Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets…

2 months ago

What is Pari Passu Charge | Simple Explanation

Meaning of pari passu charge - Pari-passu is a Latin phrase, which means "equal footing".  Thus pari passu charge means,…

2 months ago

Simplified Turnover Method for working capital assessment: FAQs

The Simplified Turnover Method is normally used by banks in order to assess the working capital requirement of business enterprises.…

2 months ago

Difference between LC and SBLC – Simplified

Letter of Credit (LC) and the ‘Standby Letter of Credit' (SBLC) are used by Importers and Exporters in International Trade…

2 months ago

How to pass JAIIB in first attempt

If you have just joined the banking Industry, you must have applied for JAIIB or if not yet, you’ll be…

2 years ago

Revised MSME Definition

Update Can Trading business/ Trader be classified as MSME? Retail Trade and Wholesale trade are now treated as MSME as…

3 years ago

Detailed List of all Finacle 10 Commands – All Banks

Finacle 10 or Finacle X is the latest buzz in Banking Industry. Some Banks have already migrated to Finacle 10…

2 years ago

PPF Scheme Summary

This is summary of Public Provident Fund (PPF) Scheme covering major features of the scheme summarized in one picutre. PPF…

4 years ago

Guaranteed Emergency Line of Credit

Emergency Credit Line Guarantee Scheme of Rs. 3 lakh crore Objective The Scheme is a specific response to the unprecedented…

4 years ago

Diversion of Funds and Siphoning of Funds

What is Diversion of Funds? Diversion of Funds means (mis)utilization of Funds for a purpose for which loan was not…

4 years ago