Everything About Archive

Consumer Price Index (CPI)

CPI, Consumer Price Index, inflation, India, rate, CPI-IW, CPI-AL, CPI-RW, CPI- UNME, WPI, price index,
Consumer Price Index (CPI) is one of the most important price indices used in India to measure inflation.   Consumer Price Index measures inflation rate at the retail level. CPI tracks the price actually paid by the
1 Dec 18 Author CategoryEverything About, Indian Economy No Comment Read More

Wholesale Price Index (WPI) & Inflation

Price index, Wholesale Price Index, WPI, price increase, weight, base year, commodity, headline inflation, Core inflation, food,
Inflation in its simplest term means increase in prices. Governments in various countries are trying to balance economic growth and inflation. India too follows the same track. Tracking inflation accurately thus becomes a pre-condition for devising appropriate
30 Nov 18 Author CategoryEverything About, Indian Economy No Comment Read More

D&B Composite CFO Optimism Index 

CFO Optimism Index, D&B Composite survey, CFO, Chief Financial Officer, economic performance, macroeconomic condition, macroeconomic level optimism index, Dun & Bradstreet, company level optimism index, indices, index, expectation, parameters
D&B CFO Composite Optimism Index is the result consolidated on the basis of a survey conducted among Chief Financial Officers (CFO) by Dun & Bradstreet. The D&B CFO Composite Optimism Index represents the expectations and feedbacks of
18 Nov 18 Author CategoryEverything About, Indian Economy No Comment Read More

Banking Ombudsman Scheme of RBI

Ombudsman, Banking, Scheme, RBI, complaint, banking service, deficiency, ATM, Card, credit card, para banking, mutual fund, insurance, grievance, senior official, award, compensation
Banking ombudsman scheme is an efficient, low cost and fast customer grievance forum for bank customers in India. The Banking ombudsman scheme was introduced in India by Reserve Bank of India (RBI) in 1995 under the powers
16 Nov 18 Author CategoryBanking Awareness, Everything About One Comment Read More

Payment Cards in Digital Banking

payment card, plastic card, Debit card, card, credit card, ATM card, prepaid card, stored value card, charge card, virtual card, John Biggins, Charge-It, EMV chip, POS, Card Verification Value, CVV, CVD2, Card Not Present, single purpose card, multi purpose card,
A payment card is normally a plastic card that allows the holder to make an electronic payment. It has played a crucial role in the advancement of digital banking. Debit card, credit card, ATM card, prepaid card,
13 Nov 18 Author CategoryBanking Awareness, Everything About No Comment Read More

Unified Payment Interface (UPI): A Digital Banking Catalyst

Unified Payment Interface, UPI, Digital Banking, digital, transaction, push, pull, transfer, receive, payee, payer, NPCI, RBI, National Payments Corporation of India, regulator, bank account, BHIM, financial inclusion
Unified Payment Interface (UPI) is an outstanding payment system that has evolved as the backbone of digital banking in India. UPI allows the user to transfer funds money from his account to that of the payee in
3 Nov 18 Author CategoryDigital Banking Products, Everything About No Comment Read More

Foreign Contribution (Regulation) Act (FCRA) 2010 

FCRA Act 2010, Foreign Contribution (Regulation) Act (FCRA) 2010, Foreign Contribution, foreign travel, Central Government, India, regulation, bank, recipient, designated account
Foreign Contribution (Regulation) Act (FCRA) 2010 is an Act of the Indian Parliament that envisages twin objectives. FCRA Act 2010 is a consolidation of the laws regulating the acceptance and utilization of foreign contribution or foreign hospitality
1 Nov 18 Author CategoryEverything About, Forex, Remittances, NRE No Comment Read More

Statutory Liquidity Ratio (SLR)

SLR, Statutory Liquidity ratio, MSF, Marginal Standing Facility, penalty, DTL, NDTL, SLR securities
Statutory Liquidity Ratio (SLR) is the percentage of the Net Demand and Time Liabilities, a Scheduled Commercial bank (SCB) is required to maintain in liquid assets. RBI is empowered to stipulate SLR up to 40%. SLR is
25 Oct 18 Author CategoryEverything About No Comment Read More

Cash Reserve Ratio (CRR)

CRR, Cash reserve ratio, DTL, Net Demand and term Liability, RBI Act, penalty, SLR
Cash Reserve Ratio (CRR) is the amount of funds that all Scheduled Commercial Banks (SCB) must maintain with RBI. Regional Rural Banks (RRB) are exempted from maintaining Cash Reserve Ratio. CRR does not carry any floor (minimum)
24 Oct 18 Author CategoryEverything About No Comment Read More

Demand and Time Liabilities (DTL) & Net Demand and Time Liabilities (NDTL)

Demand Liabilities, Term Liabilities , Demand and Term Liabilities, Net Demand and Time Liabilities, DL, TL, NDTL, ODTL, Other Demand and Time Liabilities, Assets with the Banking System, Liability to others
Demand and Time Liabilities (DTL) and The Net Demand and Time Liabilities (NDTL) are two terms openly pop up in connection with monetary review policy of RBI and liquidity in market. Banks are in the business of
23 Oct 18 Author CategoryEverything About Comments 2 Read More