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The Lead Bank Scheme, introduced towards the end of 1969, envisages assignment of lead roles to individual banks (both in public sector and private sector) for the districts allotted to them A bank having a relatively large network of branches in the rur

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Banks Board Bureau (BBB) is an autonomous body of the Government of India tasked to Search and Select apposite personages for Board of Public Sector Banks, Mission Indradhanush for PSBs, Composition of Bank Board Bureau, Function of Bank Board Bureau, Iss

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A promissory note, a note payable, is a legal instrument, Types of Promissory Notes, Importance of Promissory Notes, Student Loan Promissory Note, Real Estate Promissory Note, Personal Loan Promissory Notes, Commercial Promissory Note, Investment Promiss

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A participatory note is an instrument issued by a registered foreign institutional investor (FII) to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, SEBI, Advantages, disadvantage

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Purchasing power parity is a measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries’ currencies.

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Statutory liquidity ratio is the minimum percentage of deposits that a commercial bank has to maintain in the form of liquid cash, gold or other approved securities.

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National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment

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currency swap operation, also known as a cross currency swap, the counterparties can hedge their exchange rate and interest rate risk and also reduce the cost of funding

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What are the objectives of the Asian Clearing Union? When was the Asian Clearing Union established? Read to know more. For UPSC 2022

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