Quick Reference 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

e-Rupee (e₹)- Central Bank Digital Currency (CBDC) of India 

e-Rupee, digital rupee, e₹, Central Bank Digital Currency, CBDC, wallet, digital wallet, denomination, risks
E-Rupee is the digital rupee launched by the Reserve Bank of India. The Central Bank Digital Currency (CBDC) of India is represented by the symbol e₹-R. The digital currency, will supplement physical currency and will be
30 Jul 23 Author CategoryDigital Banking Products, Quick Reference No Comment Read More

Central Bank Digital Currency (CBDC)

CBDC, Central bank digital currency, digital currency, legal tender, central bank, wholesale CBDC, retail CBDC, token, fiat money, crypto currency, bitcoin, e-Rupee, e₹, advantages, goal
Central bank digital currency (CBDC) is digital token issued by the central bank of a country. CBDC is the digital form of physical currency. Since issued by the central bank itself, CBDCs too are legal tenders.
30 Jul 23 Author CategoryDigital Banking Products, Quick Reference No Comment Read More

Uniform Civil Code (UCC) and India

Uniform Civil Code, UCC, India, personal laws, constitution, equality, gender, Part IV, DPSP, Goa, state, country, property, marriage, divorce, succession
The Uniform Civil Code (UCC) focuses on enforcing a uniform legal framework on personal matters for all citizens of the country irrespective of their faith.
14 Jul 23 Author CategoryQuick Reference No Comment Read More

Which countries have adopted the Uniform Civil Code (UCC)?

Countries, adopted UCC, Uniform Civil Code, India, democracy, religion, faith
The Uniform Civil Code (UCC), a uniform legal framework governing personal matters is adopted only by few countries.
14 Jul 23 Author CategoryQuick Reference No Comment Read More

Uniform Civil Code (UCC) in India – Advantages and Challenges

UCC, Uniform Civil Code, challenges, advantages, Pros, cons, India, election, gender parity, legal practices, national integration, population, sensitivity
Uniform Civil Code (UCC) carries both advantages and challenges; gender parity and national integration are advantages the challenges emanates from sensitivity of the matter.
13 Jul 23 Author CategoryQuick Reference No Comment Read More

Progress towards the Uniform Civil Code (UCC) in India

Milestones, progress, implementation, UCC, Uniform Civil code, drafting committee, constitution, Sha Bank case, Mary Roy Case, Goa, Law Commission
Four events have influenced the journey of India towards the Uniform Civil Code, UCC. They are the Constitution of India, UCC in Goa, Sha Bano Case and the stance of Law Commission.
13 Jul 23 Author CategoryQuick Reference No Comment Read More

Delisting Plan of Vedanta Ltd- Update

delisting plan, Vedanta, Delisting of equity shares, LIC, Exit price, discovered price, Reverse Book building, counter offer, stock exchange, SEBI guidelines, bidding platform, exit price, discovered price, 90%, paid up capital, Rs. 87.50, Rs. 320, share, offer price
Vedanta Ltd’s announcement of delisting plan of equity shares continues to grab the attention of  entire Indian  equity investors, apart from its own share holders. Initially it was on account of the low offer price decided by
10 Oct 20 Author CategoryBanking News, Equity, Quick Reference One 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

Types of Point Of Sale (POS)Terminals

Point Of Sale, POS , terminal, GPRS, PSTN, m-POS, Mobile, portable, base station, Acquirer owned, retailer owned, IPOS, Predominantly Off-line Terminal, POT, Integrated POS,
Point Of Sales terminals (POS Terminals) have played a key role in promoting payment card based transactions in India thereby catalysing migration to digital channel payments and digital banking. Today, all banks in India promote transaction through
17 May 20 Author CategoryBanking Awareness, Digital Banking Products, Quick Reference No Comment Read More