Author Archive

Bad Bank or Asset Management Company for Public Sector Banks

Bad Bank, Asset Management Company, Public Sector Bank, PSB, GNPA, Gross Non-Performing Asset, private sector, provision, PCA,. Prompt Corrective Action, RBI, Asset Reconstruction Company, government, India
Setting up of a Bad Bank or Asset Management Company for Public Sector Banks (PSBs) has been in the consideration of the central government since 2017. The idea has gained momentum again in the wake of mounting
15 Jun 18 Author CategoryBanking Awareness, Indian Economy, Regulators & Institutions No Comment Read More

Asset Reconstruction Company (ARC)  and its role in NPA management

Asset Reconstruction Company, ARC, SARFAESI Act, NPA, Non-Performing Asset, bad loan, asset, borrower, recovery, settlement, bank, financial institution, ARCIL
Asset Reconstruction Company (ARC) is a financial institution that is in the business of buying Non-Performing Assets (NPAs) from banks and financial institutions and effecting settlement with borrower. Mounting non-performing assets has been a major challenge for
13 Jun 18 Author CategoryNPA & Loan Recovery, Regulators & Institutions No Comment Read More

18 Public sector banks report losses of Rs. 56,970 Crore in Q4, 2018.  

Public sector banks, loss, profit, NPA, provision, bad loan, balance sheet, wage revision, private sector banks,
Balance sheets of public sector banks are bleeding in Q4, 2018. According to publically available data 18 listed public sector banks have reported losses to the tune of Rs. 56,970 Cr during Q4 of FY 2017-18 as
30 May 18 Author CategoryBanking News, NPA & Loan Recovery No Comment Read More

Debt Fund Scheme: Features and Characteristics

mutual fund, Debt Fund, revised, norm, characteristic, Scheme, SEBI, Overnight, low duration, gilt, floater, Banking and PSU Fund, Credit Risk Fund, Corporate Bond Fund, Dynamic Bond, short, medium, duration, income,fund
A debt fund is a Mutual Fund scheme with focus on steady, regular and risk free return. It is an ideal investment instrument for parking surplus funds for short term. The fund invests mainly in money market
28 May 18 Author CategoryMutual Fund, Quick Reference No Comment Read More

Equity Mutual Fund Scheme: Features and characteristics

Characteristic, norm, feature, Equity Mutual Fund, Scheme, SEBI, revised, norm, Multi Cap, large cap, small cap, sectoral, thematic, ELSS, focused, dividend yield, contra, value, mutual fund
An Equity Fund Scheme is a growth oriented mutual fund scheme that aims capital appreciation on long term. This scheme invests major portion of the investible fund in shares/stocks of companies identified by fund manager through research.
28 May 18 Author CategoryMutual Fund, Quick Reference No Comment Read More

MF Schemes become  transparent following categorization and rationalization directive by SEBI

categorization, rationalization, mutual fund, MF, scheme, SEBI, directive,, , Mutual Fund Houses, equity, debt, hybrid, mid-cap, small cap, large cap
Mutual Fund houses are in the process of reviewing and revising the fundamental characteristics of various MF schemes. Some of the schemes are renamed, similar schemes are being merged and some are re-categorized. The process is undertaken
27 May 18 Author CategoryMutual Fund No Comment Read More

Small account becomes the only bank account that can be opened without Aadhaar

Small account, Aadhaar, bank account, photograph, RBI, mandatory, transaction, limit, balance, foreign remittance
Small account is the only bank account that can be opened without producing Aadhaar and PAN Card / Form 60. Even though, Aadhaar and Permanent Account Number (PAN) / Form 60 have been made mandatory for all
12 May 18 Author CategoryBanking Awareness, Banking Terms No Comment Read More

Common banking terms associated with Aadhaar

Aadhaar, common terms, e-KYC, biometric, demographic, bank, linking, account, Aadhaar Act, ID, UIDAI, authentication, e-KYC, biometric, demographic
Bank account holders have come across much news about linking Aadhaar with bank accounts in the recent past.  All bank account holders were earlier directed to link their accounts with Aadhaar by RBI and central government. Many
10 May 18 Author CategoryBanking Awareness, Banking Terms No Comment Read More

Aadhaar is mandatory for all new accounts; small accounts exempted

Aadhaar, PAN, Form 60, Mandatory, account, individual, small account, KYC compliance, Master Direction, revised, RBI, Officially valid document, OVD, driving license, voters ID , Know Your Customer, KYC
Aadhaar is now essential for opening of new accounts. RBI has made Aadhar and Permanent Account Number (PAN) / Form 60 mandatory for all new accounts to be opened. However, for opening small accounts these documents are
8 May 18 Author CategoryBanking Products & Schemes, Legal Terms and Matters No Comment Read More

Basics of investing 

Investment , saving, share, equity, mutual fund, Investing, return, corpus, asset, goal, long term, compound effect, deposit, term, company,
Investing is an art. It is all about taking cautious risk to generate steady rewards. The basic principle of investment is that the asset selected should match the risk bearing capability of the investor. The investment should
3 May 18 Author CategoryInvestment Guide No Comment Read More