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Articles related to Banking Knowledge.

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…

1 year 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…

1 year 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

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 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

Free Study Material for Bank Promotion Exam 2021

Bank promotion exams are held in almost every bank and if you are appearing for promotion in your bank in…

2 years ago

What is CERSAI and How to Search property in CERSAI?

What does CERSAI mean? CERSAI is the acronym for Central Registry of Securitisation Asset Reconstruction and Security Interest, which is…

5 years ago