Sudan’s President Omar al-Bashir has won Presidential re-election by securing 94 per cent of the vote. With this win he will have additional term of five years in...
The Union government has cancelled licences of nearly 9,000 Non-Governmental Organisations for violation of Foreign Contribution Regulation Act (FCRA). In this regards, Union Ministry of Home Affairs (MHA)...
Indian Army on 26 April 2015 conducted a major exercise ‘Akraman-II’ in Rajasthan. The exercise was conducted by the Chetak Corps, a part of South Western Command based...
India’s largest power producer, National Thermal Power Corporation (NTPC) flagged off a Mobile Science Lab (MSL) as part of its efforts to promote scientific learning. MSL seeks to...
French Government has honoured former Union Finance Minister and veteran BJP leader Yashwant Sinha with Officier de la Légion d’Honneur (Officer of the Legion of Honour). It is...
Prompt Corrective Action (PCA) is a regulatory framework used by central banks and financial regulators to monitor, supervise, and intervene in the functioning of banks showing signs of...
Bharatiya Mahila Bank (BMB) has won The Asian Banker Achievement Award 2015. The award was presented to the BMB in the Technology Implementation category of Best Outsourcing Project...
Bancassurance or Bank Insurance Model refers to the distribution of the insurance and related financial products by the Banks whose main business is NOT insurance. So, simply Bancassurance,...
World champion Magnus Carlsen of Norway on 26 April 2015 won the Shamkir Chess tournament held in Azerbaijan. In the ninth and final round, he defeated Rauf Mamedov...
Asset Liability Mismatch (ALM) refers to a situation in which the maturity profiles or interest rate characteristics of a financial institution’s assets and liabilities do not align. In...
Credit Rating Agencies (CRAs) in India are specialised institutions that evaluate the creditworthiness of issuers of debt instruments, such as companies, financial institutions, and government bodies. Their primary...
Risk-Weighted Assets (RWA) represent a bank’s assets or off-balance-sheet exposures, weighted according to their risk levels as prescribed by regulatory standards. This concept is fundamental to the assessment...
