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NOSTRO, VOSTRO, LORO Accounts

Nowadays, bank operations are not confined within a national border . Banks are opening branches in foreign countries. But the problem is...
Day 10 - Questions

Day 10 - Fund Transfer / Remittances (Settlement Systems of India - NEFT, RTGS, ECS Credit, ECS Debit, IMPS, AEPS, etc.) Recommended...
Pledge, Hypothecation, Mortgage, Lien

Securities for loan If you want a loan from a bank ( or any other financial institution) , you generally need to provide some kind of sec...
Day 23 - Questions

Day 23 - Cheques ( Types of Cheques, Crossing of Cheques, Non-negotiable Cheque, Cheque Truncation System ) Recommended Study links - ...
JLG and SHG

Joint Liability Group (JLG) Before understanding JLG, you have to know, what are different types of liability . Jointly Liable - Suppo...

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