The concept of ‘Priority sector lending’ focuses on the idea of directing the lending of the banks toward a few specified sectors and activities in the economy. The term ‘priority sector’ indicates those activities which have national importance and have been assigned priority for development. These primarily include agriculture, small industries, etc. The case has […]

Bank Guarantee A Bank guarantee is a promise from a bank that the liabilities of a debtor will be met in the event that the debtor fails to fulfil your contractual obligations. It is a promise from a bank or other lending institution that if a particular borrower defaults on a loan, the bank will […]

Startup India: Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large-scale employment opportunities. A start-up technically is any enterprise that is working on the growth, commercialization, and creation of brand-new […]

MSME is the pillar of economic growth in many developed and developing countries in the world. Though India is still facing infrastructural problems, lack of proper market linkages, and challenges in terms of the flow of institutional credit, it has seen tremendous growth in this sector.   THE CREDIT GUARANTEE SCHEME (CGS) Businesses, especially MSMEs, […]

INTRODUCTION Banks undertake foreign exchange transactions for their customers. Foreign exchange is associated with foreign trade. The traders in the foreign exchange market (Authorized Dealers/brokers) rely on the two basic forms of analysis viz. fundamental analysis and technical analysis. The uses of technical analysis in forex are much like the share market where the price […]