Knowledge Hub

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 years ago

CGTMSE Scheme Explained in detail [updated]

CGTMSE Scheme known as “Credit Guarantee Fund for Micro and Small Enterprises” is a guarantee fund set by Government of India…

5 years ago

What is Legal Entity Identifier and how to obtain it

The Legal Entity Identifier (LEI) code has been conceived for better risk management post the Global Financial Crisis. LEI code…

5 years ago

Best Banks in India 2019 (Top 30)

Forbes in partnership with market research firm Statista has published list of World’s Best Banks. Instead of gauging the balance…

5 years ago

RBI Note Refund (amendment) Rules 2018

RBI has amended the Note Refund Rules, for exchange of mutilated currency notes. RBI has tweaked the rules following the…

6 years ago

Why should you go for JAIIB and CAIIB as a banker?

These exams can open the doors of myriad of opportunities in front of you. Especially for young bankers, these exams…

6 years ago

Public Credit Registry: A New Repository of Credit Information by RBI

A Public Credit Registry is a repository of information that keeps extensive credit data that is accessible to all the…

6 years ago

22 GMs recommended for ED post by Banks Board Bureau

Banks Board Bureau recommends 22 candidates for the post of Executive Directors in Public Sector Banks The Chairman and members…

6 years ago

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…

6 years ago

What is working Capital?

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

6 years ago