Asset–Liability Management (ALM) for Foreign Exchange (FX) is a critical framework within modern banking and financial systems, aimed at managing risks arising from fluctuations in exchange rates, foreign...
Alternative credit data refers to non-traditional information used to assess the creditworthiness of individuals and businesses who may lack formal credit histories. In the evolving landscape of banking,...
Alternative credit scoring refers to the use of non-traditional data and advanced analytical techniques to assess the creditworthiness of borrowers who lack sufficient formal credit history. In the...
Alternative data in credit underwriting refers to the use of non-traditional, non-credit-bureau information to evaluate the creditworthiness of borrowers. In the context of banking, finance and the Indian...
The Parliament has passed the Compensatory Afforestation Fund Bill, 2016 after it was approved by the Rajya Sabha. The bill provides for establishment of funds under the public...
Eminent author and social activist Mahasweta Devi passed away in Kolkata, West Bengal after a multi-organ failure. She was 91. Her writings had mainly focused on the marginalised...
The International Tiger Day (also known as Global Tiger Day) is observed annually on 29 July to raise awareness for tiger conservation. The goal of observance of the...
Noted Tabla maestro Pandit Lachu Maharaj passed away in Varanasi, Uttar Pradesh due to cardiac arrest. He was 73 years old. Lacchu Maharaj was renowned internationally and his...
The Union Ministry of Earth Sciences (MoES) has announced that India Meteorological Department (IMD) will use supercomputer to forecast India’s annual summer monsoon. The forecast made by a...
The World Hepatitis Day is being observed every year on July 28 around the globe to spread awareness about viral hepatitis. Significance of the Day: It seeks to...