It is the Gross Bank Credit (GBC) minus the exempted deposits such as NRNR, FCNR, deposits,etc. This is the base on which the achievement of the priority sector lending rate gets calculated.
Adjusted Net Bank Credit is Net Bank Credit added to investments made by banks in non-SLR bonds (in held-to-maturity (HTM)) or it is the credit equivalent of off-balance-sheet exposures, whichever is higher.
Gross bank credit- Total loans and advances extended by the banks minus loans extended to group concerns Net bank credit- Gross bank credit minus exempted deposits like FCNR,NRNR etc.
Adjusted Net Bank Credit is Net Bank Credit added to investments made by banks in non-SLR bonds (in held-to-maturity (HTM)) or it is the credit equivalent of off-balance-sheet exposures, whichever is higher.
Adjusted Net Bank Credit = Net Bank Credit + permitted Non SLR invstmnts (Held Till Maturity HTM category) + Other Invstmnts eligible to be treated as priority sector.Net Bank Credit = O/s bank credit in India - Bills rediscounted with RBI/approved financial instns.Bank Credit (excluding inter bank advances) = Loans + Cash Credit + Overdraft + Inland & Foreign Bills Purchased & discounted.
net bank credit plus investment made by banks in non-SLR bonds held in HTM (held to maturity) category.
HDFC
contingent liability =Bank Guarantee+other bank Guarantee+bill discounting+Letter of credit
Net credit margin is net interest income minus net credit losses, as a percentage of average managed outstanding balances
does net income have a normal debit or credit balance
it is credit P&l Dr TO net loss
Credit Bank was created in 1986.
What is the difference between bank loan and bank credit?