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What is interest in suspense?
In Banking Terminology Interest In Suspense is recognized as the amount of interest which is pended from the date when any particular account is considered as Non Performing Assets. (Not recovered) Joyjit Manna ...
Asked in Banking, Database Design
Entity relationship diagram for online banking?
An entity-relationship diagram for online banking includes the process of online banking and the relationship between each step. It is a model that maps out, describes, and defines how components are linked for online banking. ...
Asked in Loans, Mortgages, Money Management
What exactly meant by mortgage in the banking terminology?
The mortgage is the document that says the loan is secured by the property and if not paid the bank has the right to take the property. ...
Asked in Investing and Financial Markets, Banking, Industrial Credit and Investment Corporation of India Bank ICICI, The Difference Between
Banking regulation act?
The Banking Regulation Act is a form of government requirements that regulates the banks to certain standards. The main objective of the act is to reduce the amount of risk in the banking industry. ...
Asked in Insurance
What word means business that provides a service such as banking insurance or transport insted of making goods?
The service of banking insurance in brief is called bankassurance. There is no specific one word terminology for transport service as far as my knowledge stretches. ...
Is the amount of money in your checking account called your allowance?
No, the proper banking term is balance for an amount in a checking account. ...
Asked in Recipes
What is a standard receipe?
A standardized recipe is a recipe that a food service uses after it has been tried and adjusted to produce consistent results every time the recipe is made. It states the exact amount of each ingredient used, proper and simple terminology, cooking time and temperature, portion size and exact yield and step by step procedure, ...
The causes and consequences of current banking crisis in Nigeria?
I am not a Nigerian nor a student of Nigerian banking system. However I am an ex banker of Indian banking system with fair amount of experience and education. All banking system collapse has to come out of non recovery of amount lent in time. Some of the crisis can be temporary arising out of time mismatch and while a major crisis can come of quality of assets. Nigerian problem could not be different. ...
President Roosevelt handled the banking crisis of 1933 by?
the conservative step of pouring in government aid but preserving private ownership ...
What is commission on turnover in banking?
The commission on turnover in banking is a fee that is charged to the customer based on the amount of withdrawals the customer has. It is usually a set fee by the bank that is taken out once per month. ...
Asked in Internet, Technology
Does Capital One online banking have any security features?
All online banking sites have a large amount of security and the capital one online banking site is secured with VeriSign which is a company that verifies the signature of websites to make sure they are valid, safe, and secure. ...