IIBF & NISM Adda

ECGC OBJECTIVE of ECGC To PROMOTE EXPORTS Mainly by Protecting Exporters against COMMERCIAL & POLITICAL RISKS in realising export...

Export credit useful for CAIIB and certified credit professionals Export Credit Export credit is allowed in two stages namely pre shipme...

Account Monitoring Order In the United Kingdom and several other countries, an order from a government authority requiring a financial in...

In some correspondent relationships, the respondent bank’s own customers are permitted to conduct their own transactions — including send...

Politically Exposed Person As per the RBI definition, PEPs are individuals who are or have been entrusted with prominent public function...

Customer Classification In order to determine the appropriate information and documentation that must be collected, all the customers at ...

Roles and Responsibilities 1 Board of Directors As per the RBI guidelines the Board of Directors of the Bank is responsible for ensuri...

Q1. KYC is --A One-time project                  To be carried out every 5 years                  To be carried out every 2 year...

Accrued interest Interest that is due on a bond or other fixed income security since the last interest payment was made. Additional term...

ABS Asset-Backed Security AIG American International Group Inc. AIGFP AIG Financial Product ASW Asset SWap ATE Additional Termination E...

Assets Net Fixed Assets - 800 Inventories - 300 Preliminary Expenses - 100 Receivables - 150 Investment In Govt. Secu - 50 Total A...