Floating Rates of Exchange: Implementation Mechanism & Operational Procedure Exchange rate is one of the key macroeconomic variables and efficient management of exchange rate is very crucial for continued performance of external sector competitiveness and openness. Like the experiences of many other countries considering gradual openness and increasingly integrated pace […]
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What is the function of Treasury front office? Functions of Treasury Front Office: Statutory management Optimization of risk return through specialization and management Funding of the Balance Sheet at optimum prices Proposing interest rate matrix to the ALCO Proposing various investment options to the ALCO Analyze various economic trends and […]
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What are the Importance of International Business for economy? The points below highlight the importance of international business: a) Earn foreign exchange: International business exports its goods and services all over the world. This helps to earn valuable foreign exchange. This foreign exchange is used to pay for imports. Foreign […]
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What are the reasons against foreign Trade? Reasons against Foreign Trade are given below: Following points explain the need and importance of foreign trade to a nation. Division of labor and specialization Foreign trade leads to division of labor and specialization at the world level. Some countries have abundant natural resources. […]
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What is foreign Trade or International Trade? Foreign trade is nothing but trade between the different countries of the world. It is also called as International trade, External trade or Inter-Regional trade. It consists of imports, exports and entrepot. The inflow of goods in a country is called import trade […]
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Zakat- meaning, principles,basis, categories,inflation,advantages and influence (a) Its Meaning for Modern Man The word “Zakät” means “that which purifies” and “that which fosters”. All original sources of wealth—the sun, the moon, the stars, the earth, the clouds that bring rain, the winds that drive the clouds and carry the pollen, […]
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The Hidden Agenda of ‘Interest’ Versus ‘Profit’ Importance of Bank The Hidden Agenda Of ‘Interest’ Versus ‘Profit’ Banks are an essential component of the present day world-individuals as well as public and private institutions can hardly operate without the institution of banking. Commercial banking as we find it today had […]
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How to make a checklist for documents preparation and examination There are various steps involved in making a checklist for preparation of documents. Step by step discuss below: For the bank which receives the documents: After receiving the import documents at first makes an entry to your documents receiving (inward […]
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All Banks List in India List of Private Sector Banks in India All Banks List in India Srl. No Name of the Bank 1 Axis Bank Ltd. 2 Bandhan Bank Ltd. 3 CSB Bank Limited 4 City Union Bank Ltd. 5 DCB Bank Ltd. 6 Dhanlaxmi Bank Ltd. 7 Federal […]
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Reserve bank of India(RBI)-Central Bank of India The reserve bank of India is a central bank and was established on April 1, 1935, in accordance with the provisions of the reserve bank of India act 1934. The central office of RBI is located at Mumbai since its inception. Though originally […]
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Types of Banks in India-Indian banking system Types of Banks in India: Banking is defined as the acceptable purpose of lending or deposit investment, money acceptable from the public, payable on demand or otherwise and withdrawn by cheque, draft, order, or any other means – this definition is given in […]
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SBI Personal Loan in India SBI Personal Loan in India State Bank of India (SBI) Personal Loan We need a lot of funds to meet our financial needs and obligations in our daily lives, even in special occasions and emergencies. We usually spend money on vacations, education, property, vehicles, weddings, […]
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12 steps to register SBI Internet banking online SBI Internet banking online: SBI, the country’s largest public sector bank, has more than 15,000 branches and a wide portfolio of products and services. SBI has five associate banks, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of […]
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SBI Net Banking login step by step SBI, the country’s largest public sector bank, has more than 15,000 branches and a wide portfolio of products and services. SBI has five associate banks, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala […]
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Banking explained-Money and credits The bank is an organization where the people of a country deposit money who have excess amounts of money and to give the loans to the businessmen who need credit. Banking is a process of depositing money and investing in clients in a systematic way. Dr. […]
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