Introduction The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that helps financial institutions worldwide to send and receive information about financial transactions in a secure and reliable environment. The Society for Worldwide Inter…
Read moreThis two terminology looks similar but both are very different. When one wants to expand th…
Read moreDefinition : Letter of credit is a commitment/ undertaking in the form of written instrum…
Read moreDefinition: CAMELS is a recognized international rating system that bank supervisory author…
Read moreStatutory Liquidity Ratio - ( SLR ) Every bank has to maintain a certain % of their total d…
Read moreLoans and advances are the major sources of income for bank and financial institutions. Tho…
Read moreMeaning and Concept of Central Bank Central Bank is the apex bank of the nation. The centra…
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