RBI brings Capital Treatment of Banks’ Balance Sheet Items in closer Alignment with Basel Framework

“The RBI has made some amendments to the treatment of certain balance sheet items for the purposes of determining banks’ regulatory capital. The review was carried out with a view to further aligning the definition of regulatory capital with the internationally adopted Basel III capital standards,” it said in a press release on 1st March…

RBI partially modifies/clarifies Prudential Guidelines on Revitalising Stressed Assets in the Economy

On 25th Feb 2016 RBI has partially modified the Prudential Guidelines on Revitalising Stressed Assets.The excerpts of the Press Release are given below.On a review and based on feedback received from stakeholders, the Reserve Bank of India has partly modified and also clarified, some aspects of its Prudential Guidelines for Revitalising Stressed Assets in the…

Regional Rural Banks – Priority Sector Lending – Targets and Classification

Additional Reading Material for Module A and Module D Considering the growing significance of RRBs in pursuit of financial inclusion agenda, RBI decided to revise the priority sector guidelines for RRBs. Accordingly, the comprehensive revised guidelines on Priority Sector Lending – Targets and Classification for Regional Rural Banks were published by RBI. The revised guidelines will…

Benefits of SIP

What is SIP ?Systematic Investment Plan (SIP) is an investment vehicle offered by mutual funds to investors, allowing them to invest using small periodically amounts instead of lump sums. The frequency of investment is usually weekly, monthly or quarterly. Benefits of SIP1. Easy Investment.     You can start a SIP in just 5002. SIP can deliver the power of compounding      Total funds accumulated…

Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards

The Reserve Bank of India has addressed the liquidity issues of commercial banks by easing the regulations on the liquidity coverage ratio. On 11th Feb 2016 it allowed banks to qualify 10% of SLR bonds as Liquidity Coverage Ratio (LCR) from 7% earlier, a requirement mandated under the Basel-III accounting norms from their Statutory Liquidity Ratio…

Pros & Cons of fixed and floating interest rate home loans

Friends nowadays we are going for Home Loans more so to have our own dwelling and also to avail of Income Tax reliefs/rebates under 80C. The interest rates are variable and are subjected to change as and when RBI announces the Bimonthly review of Monitory Policy and Credit Policy and insists on the Banks to pass…

Depreciation v/s Devaluation:

Depreciation v/s Devaluation: Depreciation and Devaluation are two different economic terms that actually deals with the country’s currency value. Both currency depreciation and currency devaluation end up with a currency that is worth less than it previously was in comparison to the currencies of other countries. Depreciation Depreciation of the currency happens when the country…

Why Banking is a Growing Sector when Banks’ are having higher NPA?

Why Banking is a Growing Sector when Banks’ are having higher NPA?

Reason for Engineering Students choosing Banking Profession

Banking Sector has registered progressive and impressive annual growth during the past decade or more. During this period a large number of employees have since retired and during the next two or more years most of the senior personnel will be retiring from Bank services. Apart from this Banks are expanding their Branches. This has paved way…

Latest Developments and New Appointments

For 5th Bi-Monthly Monetary Policy Statement, 2015-16, latest developments in Banking and Economy and Policy details and New Appointments Please refer link : https://yourcareerheights.com/?page_id=148 and https://yourcareerheights.com/?page_id=155.