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full fledged ledger memorandum
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoFLM stands for Finance Lendor Market.
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What is full form of rbi?
Reserve bank of India
What is the plural of RBI?
no plural
What are the examples of jargon?
Jargon is defined as the specialized words and phrases used in a professional trade. Jargon is different in each profession and can include the medical term STAT and sports RBI or OT. Business jargon includes the terms in the red, put to bed, and value added.
What is the full form of NBFC?
NBFCs (non-banking financial organizations) serve as a mediator in the finance industry. NBFCs are businesses registered with the Companies Act 1950-2013, and the NBFCs are granted a license by the Reserve Bank of India (RBI). For instance, you will hear the names of companies like Muthoot Finance, Mahindra & Mahindra Finance, and Bajaj Finance on TV or in the newspaper. You have probably heard that these companies can provide you with loans when you buy a phone, an electronic device, or a car. However, these are not banks. Therefore, these businesses, which function much like banks, are known as NBFCs. A loan is provided by an NBFC in exchange for an insurance or SIP deposit from you. Additionally, it seeks to meet the expanding financial needs of the corporate world and offers loans to small businesses operating in both the organized and unorganized sectors. However, NBFCs do have some restrictions as well. They are not permitted to finance any commercial, industrial, or agricultural operations, nor the acquisition, production, or sale of real estate. Visit Us to learn more: NBFC Advisory
Definition of reverse repo rate?
que. what is the reverse repo rate?ans. In India when RBI lends money from commercial banks against secuerities and the lending rate given by RBI to these bank called reverse repo rate to control supply of money and to control inflation. that is also decleared by RBI.niraj jain indoreAns.Meaning of Repo Rate - A repo or more broadly, a repurchaseagreement, is normally a contract through which a seller ofsecurities promises to buy them back at a later date for amutually agreed price. Overnight repo, term repo, reverserepo, purchase agreement, buyback, and leaseback are someof the other related terms used in these kinds ofoperations.Financial instruments like treasury or government bills,treasury/government or corporate bonds, and stocks/sharesare offered as securities in a repurchase agreement.Typically, in this agreement, a prospective seller submitsthe instruments for cash, with a promise to repurchase themfrom the buyer at a specified time. The sum being repaid isalways greater than the sum received at the time ofagreement. The difference amount is termed as repo rate.A repo differs marginally from a loan transaction. Whiletaking a loan, the debtor places the instruments under alien to the lender. Physical possession of the securitieslies with the lender during the tenancy of the loan. Whenthe loan is fully settled, the borrower gets back theownership of the securities. If the debtor fails to clearthe loan, the lender can dispose of the securities torecover the dues. If the sale value of the securities islesser than the total loan amount, the creditor holds thelegal right to recover the balance amount from the debtor.In the case of a repo, the cash provider can liquidate thesecurities if the seller defaults in the repurchase of theinstruments. However, the repo buyer cannot recover thefull amount, if the sale value of the securities is lesserthan the cash lent originally. This can happen if theinstruments had depreciated in value during the repoagreement period. On the other hand, if the securities hadappreciated during that period, the buyer stands to make afair profit. Thus, a repo transaction carries a definiteelement of risk. Normally, repos are invariablyovercollateralized to reduce the amount of risk involved.Daily market-to-market margining is also resorted to inrepo agreements.Bank RateThis is the rate at which RBI lends money to other banks(or financial institutions .The bank rate signals the central bank's long-term outlookon interest rates. If the bank rate moves up, long-terminterest rates also tend to move up, and vice-versa.Banks make a profit by borrowing at a lower rate andlending the same funds at a higher rate of interest. If theRBI hikes the bank rate (this is currently 6 per cent), theinterest that a bank pays for borrowing money (banks borrowmoney either from each other or from the RBI) increases.It, in turn, hikes its own lending rates to ensure itcontinues to make a profit.Call RateCall rate is the interest rate paid by the banks forlending and borrowing for daily fund requirement. Si ncebanks need funds on a daily basis, they lend to and borrowfrom other banks according to their daily or short-termrequirements on a regular basis.CRRAlso called the cash reserve ratio, refers to a portion ofdeposits (as cash) which banks have to keep/maintain withthe RBI. This serves two purposes. It ensures that aportion of bank deposits is totally risk-free and secondlyit enables that RBI control liquidity in the system, andthereby, inflation by tying their hands in lending moneySLRBesides the CRR, banks are required to invest a portion oftheir deposits in government securities as a part of theirstatutory liquidity ratio (SLR) requirements. What SLR doesis again restrict the bank's leverage in pumping more moneyinto the economy.
What is the full form RBI?
Runs Batted In
Full form of RBI?
Reverse bank of india
What is full form of rbi?
Reserve bank of India
What is the full form of RBI?
reserve bank of India
Slider sacrfice fly and RBI are terms used in which sport?
Baseball
Is it 7 RBI or 7 RBI's?
Formally, since RBI stands for "runs batted in" it should be "seven RBI". However, in virtually universal usage, RBI is treated as a singular noun and therefore seven of them would be "seven RBIs".
Exchange control copy of shipping bill?
This is a declaration by the exporter in the format prescribed by RBI to be submitted along with the shipping bill to customs. The declaration must contain the information about sender, consignee, description of goods, full export value of goods in foreign currency, etc. The exporter submits a duplicate of GR form with its bank along with shipping documents. The bank endorses the copy after realization of sales proceeds and sends it to RBI. The original copy submitted at customs is also directed to RBI by the customs. The RBI confirms the realization of the proceeds as per full export value after comparing the two copies.
How much salary of RBI Assistant clerk?
Rs 30000/- per month and if u count the incentives u get 35000/- per month gross. Terms and Conditions: After u spend 5 years in RBI
What does RBI stand for expanded form?
reserve bank of india or rajbir singh my name
Who was the Rbi's first governor?
Sir Osborne smith was the first RBI governor but the first Indian rbi governor was C.D.Deshmukh who was the third rbi governor
RBI Grade B Apply Online 2023: Direct link for Application form?
RBI Grade B Apply Online 2023: RBI Grade B Application Link will be activated from 9th May 2023 and the last date to apply will be 9th June 2023, till 6:00 pm! Candidates who wish to fill the RBI Grade B Application form 2023 must know the RBI Grade B online application process. RBI Grade B examination is one of the most prestigious examinations in the country. Know the complete details of the RBI Grade B online application, and what are the important things you need to know while applying for the examination from this article. The application process is one of the important steps of the recruitment process. If the candidate mentioned any incorrect or no information in the mandatory fields then the candidate will be disqualified or rejected from applying for the examination. So the candidates must know how to apply for RBI Grade B 2023 exam, the important documents which need to be uploaded with the RBI Grade B application form, application fee, and so on. below is the link to apply RBI Grade B online application
WHERE IS RBI SITUATED?
the RBI is situated in New Delhi
