Types of Fund Transfers: IMPS,NEFT,RTGS
Fund Transfers Fund Transfers means send and receive money or any fund of amount from one person to another person. Here we have secceral Mode… Read More »Types of Fund Transfers: IMPS,NEFT,RTGS
Banking and Insurance
Bank Reconciliation Statement
Bank Reconciliation Statement is a process, That explains the difference on a specified date between the bank balance shown in an organization’s bank statement, as… Read More »Bank Reconciliation Statement
What is Kiosk Banking?
Kiosk Banking Kiosk Banking is the initiative taken by the Reserve Bank of India (RBI) for those living in villages or other remote areas who are… Read More »What is Kiosk Banking?
Merchant Banking Meaning and Functions
Definition of Merchant Banking “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to… Read More »Merchant Banking Meaning and Functions
National Housing Bank (NHB)
NHB (National Housing Bank) is the apex institution for the regulation and supervision of housing finance companies operating in India. NHB was promoted by the… Read More »National Housing Bank (NHB)
Bank for International Settlements (BIS)
The BIS is a central bank for central banks; it does not provide financial services to individuals or corporations. The head office is in Basel,… Read More »Bank for International Settlements (BIS)
Types of Risk in Bank
Types of Banks Risk The types of Banks Risk are as follows: Financial Risk Financial risk is the risk of losses inherent in financial transactions.… Read More »Types of Risk in Bank
Asian Development Bank (ADB)
Asian Development Bank was created in this context. Efforts to create ADB had started in August 1963, but they gained momentum only after the USA and Japan… Read More »Asian Development Bank (ADB)
What is World Bank? Objectives of World Bank
The World Bank, was established in 1945 under Bretton Woods Agreement of 1944 to tackle the problem of international investment. The Headquarter of World Bank… Read More »What is World Bank? Objectives of World Bank
What is Reinsurance? Nature,Objectives and Regulation
Concept of Reinsurance Reinsurance is a contract between two more insurance companies by which a portion of risk or loss is transferred to another insurance… Read More »What is Reinsurance? Nature,Objectives and Regulation