Conversion Of NBFC Into Bank - NBFC have a phenomenal role to play in Indian economy to have sound sources of funding. As said by PN Vasudevan, Bank is like a marriage; NBFC is like a bachelor’s life; you enjoy it and have a lot of freedom but at the en
When you make banking transactions, you might have come across the term ‘Cash Reserve Ratio' or CRR many times. Have you wondered what it means? Cash Reserve Ratio is also known as CRR, is decided per their country. In India, the Reserve Bank of India, also known as RBI, decides the...
Astro's example of calculating your CRR: You have 130 customers at the start of a month. In that month you lose 9 and gain 23 new customers. Number of customers at end of period = 144 Number of customers at start of period = 130 In general, businesses should aim for as high a rete...
The Central Bank of India is integral in the financial structure of the country of India. Dive into an explanation of the Reserve Bank of India, its monetary functions, and its non-monetary functions. Related to this Question If RBI lowers the cash rate as a result of inflation, what is ...
(i) Increase in Repo rate (ii) Decrease in Cash Reserve Ratio (CRR) (iii) Purchase of securities in the open market (iv) Increase in Margin Rqequirement. View Solution Which one of the following statements is correct regarding increase in the Cash Reserve Ratio (CRR) in India ?
The move of Reddy has surprised bankers because they believe that he would ease up on tightening monetary policy. It is noted that Reddy has increased the cash reserve ratio (CRR) by another 50 basis points to 7 percent and removed the crore cap on daily reverse repos under liquidity ...
The efficiency ratios are the financial ratios used to measure the efficiency of the operation of a business. It measures an entity's ability to use its assets to cover its liabilities. If the ratio is higher, the business is efficiently using its assets
Open Market Operations, what is OMO, who does it and what it means, more details about open market operations or OMO for the IAS exam economy segment; RBI does OMO in India
One needs to take care of all the measures like reserve requirements (CRR/SLR), permissible activities of financial institutions, disposal of non banking assets and composition of the board. AdvertisementsThese factors are necessary to be kept in mind in order for a financial institute to be a ...
D yu knw any ther great explrers?Share their stries with the class.Zheng He (1371-1433)The first vyage started in Yngle three years (1405), and the last vyage ended in Xuande eight years (1433), ttaling seven times. Zheng He's vyage t the west is the largest and lngest ...