IIBF & NISM Adda

Difference between Letter of Credit and Bank Guarantee Difference between Letter of Credit and Bank Guarantee 📣📣📣📣📣📣📣 Introductio...

DIFFERENT KINDS OF RISKS RELATED TO FOREX TRANSACTIONS Foreign exchange operations face large no. of different type of risk due to a vari...

Non-Applicability of Sarfeasi ACT in certain cases: 1. lien on any goods, money or security given by or under the Indian Contract Act, 1...

SECURITISATION & RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURED ASSETS ORDINANCE 2002 - SARFAESI Act - 2002 1. Is i...

CYBER CRIME  TERMINOLOGY  Adware – Adware is software designed to force pre-chosen ads to display on your system. Some adware is designed...

All about India Post Payments Bank (IPPB) The India Post Payments Bank (IPPB)[ inaugurated on the 1st of September 2018 has been incorpor...

Luck is a funny thing because sometimes it can be good and sometimes it can be bad. So take matters in your own hand, study hard and stop r...

some important abbrevetions:: SWIFT: Society for worldwide Interbank Financial Telecommunication SFMS: Structured Financial Messaging S...

MSME:: SMALL AND MEDIUM ENTERPRISES RATING AGENCY (SMERA) SME Rating Agency of India Ltd (SMERA) is a third party rating agency exclusi...

MSME:: Prime Minister’s Employment Generation Programme (PMEGP) is a credit linked subsidy programme administered by the Ministry of Micr...

 MSME:: HOUSING FOR ALL BY 2022 Urbanization is one of the important realities of recent decades in India. Its urban system consists of...

MSME :: ( Most imp Exam point of view) 1. A Small Manufacturing Enterprise unit is considered as Sick Industrial Unit: when account remai...

 MSME:: What are Debt Recovery Tribunals (DRTs)? Debt Recovery Tribunals were established to facilitate the debt recovery involving ban...

MSME recollected questions 1. Micro, small & medium sector 2. Priority sector classification (esp foreign banks less than 20 branches...

Banking Codes and Standards Board of India (BCSBI):: In November 2003, Reserve Bank of India (RBI) constituted the Committee on Procedure...

BCSBI :: Lending:: Each bank has its own Loan policy, approved by its Board, based on the guidelines issued by the Reserve Bank of I...

BCSBI recollected question and Exam Tips: Very basic questions from IIBF prescribed book Kindly visit BCSBI site for Latest Update’s QU...

Risk management:: 1. Risk is defined as uncertainties resulting in: a) Adverse outcome, adverse in relation to planned objectives or exp...

Risk Management and credit rating:: The risk that the banking business faces, can be: · Credit risk · Market risk (resulting from adver...

KYC AML:: 1. KYC, AML & CFT guidelines are issued under act. a) KYC Act b) PMLA 2002 c) BR Act d) NI Act 2. FATF (Financial Action ...