Banking Terms – Loans Archive

Incremental Cash Reserve Ratio (I-CRR) 

I-CRR, ICRR, Incremental Cash Reserve Ratio, CRR, inflation, SCB, Scheduled Commercial Banks, Reserve Ratio, Net Demand and Time liabilities, NDTL, RBI, SLR, Repo rate
Incremental Cash Reserve Ratio (I-CRR) is a temporary measure announced by the Reserve Bank of India (RBI) to absorb surplus liquidity from the Indian banking system. This reserve is in addition to the Cash Reserve Ratio (CRR)
13 Aug 23 Author CategoryBanking News, Banking Terms - Loans, Quick Reference No Comment Read More

CGTMSE Coverage for Micro and Small Enterprises

CGTMSE coverage for micro and small enterprises, CGTMSE, Credit Guarantee Fund Trust for Micro and Small Enterprises, CGS, Credit Guarantee Scheme, Guarantee, CGS-I, CGS-II, MSME, GDP, MSE, Udyog Aadhar Number, UAN, IT-PAN, Collateral free, guarantee free,
CGTMSE coverage for Micro and Small Enterprises is an initiative of the Government of India and SIDBI to ensure bank credit to Micro and Small Enterprise (MSE) without the insistence for collateral securities or third party guarantees.
21 May 20 Author CategoryBanking Products & Schemes, Banking Terms - Loans, Everything About No Comment Read More

Revised MSME Classification norms & Stimulus package

Revised MSME Classification norms, MSME classification, revised norm, Micro, Small, Medium, Enterprise, classification, original investment, MSMED Act 2006, plant, machinery, equipment, credit guarantee scheme, CGS, Atmanirbhar Bharat Yojna,
To boost MSME sector, the government has decided to amend MSMED act 2006 to revise the MSME classification norms. Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 presently classifies manufacturing and service enterprises into three categories
18 May 20 Author CategoryBanking Terms - Loans, Indian Economy, Quick Reference No Comment Read More

General Lien and Particular Lien

Lien, deposit, general lien, particular lien, Indian Contract Act, Section 170, Section 171, contract to the contrary
Lien is defined as the right possessed by a person to retain or detain the goods or property belonging to another person for the non-fulfillment of an obligation by that other person. Two kinds of lien are
3 Jun 19 Author CategoryBanking Terms, Banking Terms - Loans, Everything About No Comment Read More

Title Deed and EM with Laminated Title Deed

Title deed, EM, laminated title deed, lamination, mortgage, equitable mortgage, probated will, registered sale deed,
Title deed is a deed constituting the evidence of a person’s legal ownership of an asset or property. Deed represents an instrument containing details of legal transfer, bargain or contract.  The term title deed is normally used
1 May 19 Author CategoryBanking Terms - Loans, Legal Terms and Matters No Comment Read More

Different Types of Mortgages-A Comparison    

Different types of mortgages, Simple mortgage, Mortgage by conditional sale, Usufructuary mortgage, English mortgage, Equitable mortgage, Anomalous mortgage, Transfer of Property Act 1882, mortgagor, mortgage, notified centre, title deed
Mortgage is defined as transfer of interest in specific immovable property for the purpose of securing the payment of money advanced or to be advanced by way of loan, an existing or future debt or the performance
7 Apr 19 Author CategoryBanking Terms - Loans, Quick Reference No Comment Read More

MCLR -Marginal Cost of Funds Based Lending Rate 

MCLR, Marginal Cost of Funds Based Lending Rate System. Credit interest rate, BR, Base Rate, External Benchmark, performance, conditions, CRR, sunset clause, BPLR, new loans, tenor
MCLR, Marginal Cost of Funds Based Lending Rate System interest regime came into effect on April 1, 2016. This was a refined version of Base Rate system announced by RBI to further enhance the transparency of credit
31 Mar 19 Author CategoryBanking Terms, Banking Terms - Loans, Quick Reference, Regulators & Institutions No Comment Read More

Lending Rates- PLR, BPLR and BR- An Overview

Lending rate, PLR,BPLR, BR, MCLR, External Benchmark, interest rate, credit, Prime Lending Rate, Benchmark PLR, Base Rate, SLR,CRR, Financial Sector reforms, Narasimham committee
The interest rate on lending was de-regulated by RBI in October 1994. This was as part of the financial sector reforms initiated in India in 1991. Since 1994, RBI has introduced various benchmarks and guidelines with regard
31 Mar 19 Author CategoryBank Loans- General, Banking Terms, Banking Terms - Loans, Quick Reference, Regulators & Institutions One Comment Read More

External Benchmarking of Interest Rates

External benchmark, interest rate, bank loan, MCLR, Retail loans, SME loans, interest transmission, monetary policy, RBI, internally derived rate, base rate, repo rate, . Prime Lending Rate , PLR, Benchmark Prime Lending Rate, BPLR, treasury bill, yield, Financial Benchmarks India Pvt Ltd, FBIL, bargaining power,
Fixing interest rate in relation to an external benchmark was proposed by RBI while announcing the monetary policy review held on December 5, 2018. Banks were suggested to adopt this method for new floating rate loans extended
27 Mar 19 Author CategoryBanking News, Banking Terms - Loans, Everything About No Comment Read More

Hypothecation And Safeguards By Banks 

Hypothecation, security, pledge, charge, bank loan
Hypothecation is the most famous method adopted by banks in India for security creation. This method is adopted while extending cash credits for raising working capital and term loans for acquiring movable assets. Hypothecation as a method
26 Mar 19 Author CategoryBanking Terms - Loans, Everything About, Legal Terms and Matters No Comment Read More