Today Banking as a business has grown tremendously and transformed itself from only a deposits taking and loan providing system to an institution which provides an entire gamut of products and services under a wide umbrella. All such activities commenced by a bank is called Core Banking....
Services (Banks & NBFCs): An invoice must be issued within 45 days from the date the service is provided. What Are The Types of GST Invoices? 1. Bill of Supply A Bill of supply is similar to a GST tax invoice but does not include tax charges. It is issued when GST does not appl...
A bank's net interest margin is commonly defined as what? Discuss how commercial banks manage liability. Which firms are most likely to use bank financing rather than to issue bonds or stocks to finance their activities? Why? Which NBFCs/banks offers secured loan? a) What branch of t...
Here is all you ever wanted to know about the loan moratorium. To offers relief to borrowers in India in the backdrop of the Coronavirus pandemic, the Reserve Bank of India (RBI) offered a six-monthmoratoriumon term loans and credit card payments in India in 2020. This guide will help y...
Recurring Deposits being one of them. The interest rates you earn on your Recurring Deposits are almost par with those offered by banks onFixed Deposits(FDs). As such, you can earn high interest even on a small amount of deposits. An RD is an excellent investment vehicle that helps you de...
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What is an ISP (Internet Service Provider)? The term “internet service provider (ISP)” means an organization that gives access to the internet for both personal as well as commercial purposes. ISPs make it possible for their customers to surf the web, shop online, conduct business, and con...