This paper explores the various innovative ways and policies adopted by financial institutes under the guidelines of RBI for financial Inclusion. Many innovative financial products like No Frills Accounts (NFA), Micro pension, GCC, KCC etc. have been developed by financial institutions. Strong ...
40 Financial Institutions in India. Their headquarters, working, functions and schemes. Explained in simple language.
A capital buffer is required reserves held by financial institutions put in place by regulators. These are designed to provide banking organizations with the means to support the economy in adverse situations. Covid-19 Second-Wave has dented economic activity, but monetary, regulatory and fiscal pol...
Under Section 10(1) of the Foreign Exchange Management Act (FEMA), RBI authorizes select entities as AD Category-II to conduct specified non-trade related current account transactions. The AD Category-II foreign exchange license is better than the ordinary money exchange license. It provides more ...
His name for being appointed SBI Chairman was recommended by the Financial Services Institutions Bureau (FSIB) in June this year. Incumbent SBI Chairman Dinesh Kumar Khara will be superannuating on August 28. On August 28, he turns 63, the upper age limit for SBI chairman. Rana Ashutosh Kum...
The Reserve Bank of India (RBI) is the apex bank of the country, controlling all activities in the financial sector. Commercial banks include public sector and private sector banks and are under the regulatory supervision of the RBI. Development finance institutions include industrial and agriculture...
PFL is an NBFC financial company under RBI which offers different kinds of loans (for instance, Mortgage loans and Vehicle loans) to the customer depending on the effective income, debt balance, and other income and expenses. TECHNOLOGY Core PHP, jQuery, MySQL Region India Web Development Mon...
CoFI will introduce a new conduct regime to ensure financial institutions (banks, insurers and non-bank deposit takers) comply with a fair conduct principle to treatconsumersfairly, and establish, implement and maintain a fair conduct programme. ...
financial institutions Money at call and on short--- notice Investments Loans and advances premises, furniture and fixtures Other assets Non-banking assets Total Assets Liabilities Borrowings from Bangladesh Bank, other banks, financial institutions, and agents Deposits and other accounts Provision and ...
In contrast, financial instability is categorized by the unwillingness of the financial institutions to channel funds to profitable investment opportunities, non-arrival of payments on time, and deviation of asset prices from their fair value (World Bank, 2016). Historically, countries have been ...