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Advances are type of loans given to people, but with no interest on them.
The difference between loan & advance is that Loan carry interest while advance do not.
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∙ 11y ago
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What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What is CD ratio in banking?
CD ratio is the credit to deposit ratio in banking parlance. This refers to the percentage of total advances divided by the total deposits of a bank/branch. This signifies what proportion of total deposit is lent to borrowers.
What does WDL mean in banking?
Withdrawl
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
What does DR mean in banking terminology?
Debit the receiver
What do you mean by clearance in banking terms?
what do you mean by clearance in banking
What has the author J Milnes Holden written?
J. Milnes Holden has written: 'The law and practice of banking' 'Securities for bankers' advances'
What has the author James Milnes Holden written?
James Milnes Holden has written: 'The law and practice of banking' -- subject(s): Banking law, Checks 'The history of negotiable instruments in English law' 'Securities for bankers' advances' -- subject(s): Banking law, Security (Law)
What is CD ratio in banking?
CD ratio is the credit to deposit ratio in banking parlance. This refers to the percentage of total advances divided by the total deposits of a bank/branch. This signifies what proportion of total deposit is lent to borrowers.
What does Bank charges mean?
what does banking charges mean
What does WDL mean in banking?
Withdrawl
What do you call net banking in Hindi?
Net banking is called "नेट बैंकिंग" in Hindi.
What does non derogatory mean in terms of banking?
non derogatory in banking means that an account is ok
Does BNF mean international banking?
yes
What does CL mean in banking?
Classcified Loan
What is an LE in business?
LE can mean many things. for ex in Investment banking LE can mean Legal Entity. In case of retail banking it can mean Loan Equivalent and so on.
How will computers are useful in banking?
Do you mean how will computers be important in banking ? Because that doiesent make much sense
