THE BASEL COMMITTEE ON BANKING SUPERVISION The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks and provides a forum for cooperation on banking supervisory matters. Its mandate is to strengthen the … [Read more...] about BASEL ACCORDS
TYPES OF CHARGES ON SECURITIES IN LOAN ACCOUNTS
Introduction To safeguard their advances, the bank accepts different types of securities during the lending and creates charges upon them. When land/buildings and fixed assets that are permanently fastened to the earth are offered as a security, it is charged by a mortgage in … [Read more...] about TYPES OF CHARGES ON SECURITIES IN LOAN ACCOUNTS
NEGOTIABLE INSTRUMENTS ACT (NI ACT) 1881
INTRODUCTION In India, the Negotiable Instruments Act was passed during 1881 which came into force from March 01, 1882. Originally, it had 137 Sections. Sections 138 to 142 were added in 1988, and Sections 143 to 147 were added during December 2002. At present it has 147 … [Read more...] about NEGOTIABLE INSTRUMENTS ACT (NI ACT) 1881
RISK MANAGEMENT IN BANKS
Risk Management The banking sector plays a pivotal role in the management of the economy of a country. It is the key driver of economic growth of the country and has a dynamic role to play in converting the idle capital resources for their optimum utilization so as to attain … [Read more...] about RISK MANAGEMENT IN BANKS
PRESENT VALUE (PV) AND NET PRESENT VALUE (NPV) IN CAPITAL BUDGETING
PRESENT VALUE (PV) In finance, present value (PV), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is always less than or equal to the future value because money has interest-earning … [Read more...] about PRESENT VALUE (PV) AND NET PRESENT VALUE (NPV) IN CAPITAL BUDGETING