What is difference between Letter of Credit and Bank Guarantee ?
This two terminology looks similar but both are very different. When one wants to expand th…
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What is Letter of Credit (LC)? Definition, Need, Process, Types
Definition : Letter of credit is a commitment/ undertaking in the form of written instrum…
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What is CAMELS Rating System ? Definations, Components, Ranking Indicators
Definition: CAMELS is a recognized international rating system that bank supervisory author…
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What is Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) ?
Statutory Liquidity Ratio - ( SLR ) Every bank has to maintain a certain % of their total d…
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Loan Classification and Provisioning in Nepalese Bank
Loans and advances are the major sources of income for bank and financial institutions. Tho…
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Central Bank: Meaning, Functions, and Legal Powers
Meaning and Concept of Central Bank Central Bank is the apex bank of the nation. The centra…
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Types of Banks in Nepal : Classifications
According to function and nature of bank, in Nepal banks are classified in following types:…
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SWIFT : Meaning, Services and Code
Introduction The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provi…
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Loan- Types, Advantages & Disadvantages
Introduction Nowadays loan is a common word because everyone is familiar with it in one or…
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Types of Bank Accounts: Explained In Details
This topic is important for bank exams, as generally many questions are asked in bank exams…
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