General Awareness With Special Reference To Banking

general awareness with special reference to banking

Current Repo Rate

On March 20, 2013, RBI has lowered Repo Rate by 25 basis points from 7.75% to 7.50%. The objective is ease pressure on the reviving economy. Repo Rate, or repurchase rate, is the rate at which RBI lends to banks for short periods. This is done by RBI buying government bonds from banks with an

List of Committees Related to Banking & Finance in India

This Post is in Continuation with our previous post List of Various Committees & Their Focus AreaHere is the list of various Committees and their main Focus Areas A C Shah Committee:NBFC A Ghosh Committee:Final Accounts A Ghosh Committee:Modalities Of Implementation Of New 20 Point Programme A Ghosh Committee:Frauds & Malpractices In Banks Abid Hussain

Indian Money Market & Development of Banking in India

The money market is a mechanism that deals with the lending and borrowing of short term funds or debt securities (bankers acceptances, commercial paper, repos, negotiable certificates of deposit, and Treasury Bills with a maturity of one year or less). Money market securities are generally very safe investments which return a relatively low interest rate

Q+A 4: Banking Exams Based Upon Interview Questions

What is the main function of Competition Commission of India?CCI is an independent body which become operational w.e.f. May 20, 2009 and is responsible for investigating the mergers, market shares & conditions besides regulating firms. CCI will ultimately replace the Monopolies and Restrictive Trade Practices Commission (MRTPC) of India. What is Lead Bank Scheme?Lead bank

Punch Lines of major Banks in India

Hum Hai Na:ICICI Good People To Grow With: Indian Overseas Bank Good people to grow:State Bank Of India Tradition Of Trust:Allahabad Bank Trusted Family BankDena Bank Good People To Bank With:Union Bank Of India World's Local Bank:HSBC We Understand Your World:HDFC Much More To Do With YOU In Focus:Andhra Bank A Friend You Can Bank