The banking sector is the backbone of modern economic system. In this article, we will discuss the top 10 banks globally. A bank is a company, technically, and works for profit. And a bank has its market value, or we can say market capitalization. On the basis of market cap, we will discuss the top … Read more
Cash Reserve Ratio = CRR 👈 👉 SLR = Statutory Liquidity Ratio In the previous post, we read about the Monetary Policy Committee (MPC) and the instruments of the monetary policy. The RBI uses instruments of the monetary policy to regulate the price stability in the economy. The Cash Reserve Ratio (CRR) and the Statutory … Read more
The Monetary Policy Committee of the RBI is the decision-making body regarding the RBI’s benchmark rates, the Repo rate and the bank rate. The monetary decisions taken by the RBI shape the short-term and long-term growth scenario of our economy. The key benchmark rates decide/influence the interest rates of the banking sector. Visit the RBI … Read more
Government Securities are the debt instruments of the governments. Government needs extra funds for the day-to-day activities and for other purposes. To get money, Govt issues such securities and investors do invest in it and fund the Govt. itself. Many mega projects of the Govt. of India are funded by such G-sec. What is a … Read more
The Repo Rate/Repurchase rate is the benchmark ‘interest rate’ of the RBI at which the commercial banks borrow money from the RBI. It is a short term borrowing, meaning the banks borrow for a time period of less than a year. Why do banks borrow ? 🤔 Why do banks borrow from the central bank … Read more
A person puts her money in a savings account at a bank. She chooses a savings account because we know that in a savings account we get some interest rate on our deposits. But exactly how much money we get if we put it in a savings account? Please go through our previous post – … Read more
We have seen earlier what a bank is and what the types of banks are in the previous post. Now, we will look into the topic of banks and their profit. I’d like you to please read our previous article about the banking sector in India. Now it’s time to answer a very common question, that is – 👇 How do banks … Read more
Indian Banking sector has public sector banks like SBI, Bank of Baroda and private sector banks like HDFC bank, ICICI bank. India’s banking system also includes the foreign banks, payments banks and small finance banks, Co-operative banks. RBI is the regulator of the banking system in India. what is a bank ?🤔 bank is a … Read more
Reserve Bank of India is the central bank of our country. RBI/Reserve Bank manages the currency and its supply. it regulates and supervises banks in India.