Tag Archives: Banking tips

BCCI

The Board of Control for Cricket in India (BCCI), headquartered at Mumbai in West Indian state of Maharashtra is the national governing body for all cricket in India. The board…

Banking Abbreviations

BSBDA – Basic Savings Bank Deposit Account FCNR(B) – Foreign Currency Non-Resident Bank TARC – Tax Administration Reform Commission ITEs – Intra-Group Transactions and Exposures LCR – Liquidity Coverage Ratio…

Pro Kabaddi League

The Pro Kabaddi League (PKL) is a professional kabaddi league in India, based on the format of the Indian Premier League. The first edition of the tournament started on 26…

Functions of RBI

The functions of the Reserve Bank today can be categorised as follows: Monetary policy Regulation and supervision of the banking and non-banking financial institutions, including credit information companies. Regulation of money, forex…

Banking Abbreviations

REER: Real Effective Exchange Rate NEER: Nominal Effective Exchange Rate LIBOR: London Inter Bank Offer Rate MIBOR: Mumbai Inter Bank Offer Rate EFT: Electronic Fund Transfer NEFT: National Electronic Funds…

Important Committees related to Banking and Finance

Abid Hussain Committee : On Small Scale Industries A C Shah Committee : Reforms Relating To Non Banking Financial Companies (NFBC) Aditya Puri Committee : Dissemination of Credit Information Anil…

Special Schemes/ Services of Various Banks

TAB BANKING FACILITY = SBI BOUTIQUE FINANCING SCHEME = SBI Twitter Handle account = SBI Asha Home loan = AXIS BANK Airtel money = AXIS BANK+AIRTEL Kisan card = AXIS…

Important Awards and their Fields

Oscar – Film Dada Sahib Phalke – Film Grammy – Music Pulitzer – Journalism and Literature Arjun – Sports Bowelay – Agriculture Kalinga – Science Dhanwantri – Medical Science Bhatnagar…

What is Over Draft ?

An overdraft facility is a formal arrangement with a bank that allows an account holder to draw on funds in excess of the amount on deposit. This type of financing…

Important Summits

6th BRICS summit: It was hosted by Brazil, as the first host country of the current five-year summit cycle. Host city was Fortaleza. Argentine President Cristina Kirchner was a special…