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Knowledge Hub
Turnover Method for Working Capital (Nayak Committee) — Formula, Calculation & RBI Norms
The Nayak Committee method — also called the Simplified Turnover Method (STM) — is one of the most frequently tested topics in…
22
Lending
Articles
Pari Passu Charge: Meaning, Example & Implications for Bankers
Pari passu charge is one of the most commonly used security structures in consortium and multiple banking arrangements in India. When two…
23
Lending
Articles
What is working Capital?
Working Capital is a financial indicator of operational liquidity of a business organization. Working Capital is the short term assets to cover…
24
Knowledge Hub
Lending
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 to ensure…
25
Knowledge Hub
Revised MSME Definition
Can Trading business/ Trader be classified as MSME? Retail Trade and Wholesale trade are now treated as MSME as per new definition…
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Knowledge Hub
PPF Scheme Summary
This is summary of Public Provident Fund (PPF) Scheme covering major features of the scheme summarized in one picutre. Eligibilty •Only 1…
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Knowledge Hub
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 situation COVID-19.…
28
Articles
Knowledge Hub
CGTMSE Scheme Explained in detail [updated]
CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) is a government-backed guarantee scheme that enables banks to extend collateral-free loans…
29
Knowledge Hub
Legal Entity Identifier (LEI): Meaning, RBI Mandate & How to Obtain from LEIL
A Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code that identifies a legal entity — company, firm, trust, or government…
30
News
Knowledge Hub
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 sheets and…