general awareness with special reference to banking

March 20, 2013

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

May 23, 2011

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

May 22, 2011

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

May 21, 2011

List of Various Committees & Their Focus Area

Abhijit Sen Committee (2002) : Long Term Food Policy Abid Hussain Committee: On Small Scale Industries Ajit Kumar Committee : Army Pay Scales Athreya Committee: Restructuring Of IDBI Basel

April 28, 2011

Exchange Traded Derivatives

Unlike the OTC instruments, these are traded over an exchange. So in these contracts Exchange play an intermediately to all transactions. There is a third party in ETD and

April 28, 2011

Interest Rate Swaps

Interest Rate Swap is basically a contractual arrangement between two parties which are called "Counterparties". Commonly the counterparties are a Financial Institution and an issuer. These counterparties agree to

April 28, 2011

Interest Rate Derivatives

Derivative is a product whose value is derived from the value of one or more basic variables. The basic variables are underlying assets, index or may be a reference

April 28, 2011

Coupon Amount and Coupon Yield

Please note that Coupon amount is the sum of money the bond holder receives as an interest payment at fixed intervals. Coupon Yield is the return that investor receives