Banking Terms - Pdf Download

Friends, knowing Banking Terminology with definitions play a vital role in your success in almost all Bank Exams and Interviews. So you should get a good knowledge on them. Here with this post we are providing you the pdf file of Bank Terms. This small pdf file of 28 pages covered all important terms related to banking with detailed explanations (more than 250 terms are there). We hope this will come in handy and serve the above mentioned purposes. Espicially for those people who are going to write RBI Assistants and RBI Grade B Officers Exams. Just download the file and read it, if you have any doubts then feel free to use our comments box below to ask. We will help you to clear them. All the best and Happy Reading :)

FDI (Foreign Direct Investment) Limits

Friends, here is the list of FDI Limits in Various Sectors.

• Civil Aviation - 49 %
• Defence - 26 %
• FM Radio - 26 %
• Insurance - 49 %
• Multi Brand - 51 %
• Pension - 49 %
• Print Media - 26  %
• Public Sec. Banks - 49 %
• Private Sec. Banks - 74 %
• Pharmaceuticals - 100 %
• Telecommunication - 74 %
• Tourism - 100 %

RBI Current Rates for SBI PO Exam

Friends, here is the list of Current RBI Rates. These are very important for upcoming SBI PO Exam. So try to remember these numbers. Its not such a BIG issue to remember these numbers. First start with CRR 4%, Rev Repo Rate. That is 6.50%, later Repo Rate 7.50%, Bank Rate and MSF are same 8.50%. Finally SLR 23%. Thats it. All the best and Happy Reading :)

RBI Credit / Monetary Policy Review 19 March 2013 Highlights

The Reserve Bank of India cut its Benchmark Policy Rate by 25 basis points Today (19th March 2013 - Tuesday), for the second time since the start of the year (earlier on January 29th it has cut the Repo Rate and CRR by 25 basis points. Read that post here). The Reserve Bank of India lowered its repo rate to 7.50 percent and left the cash reserve ratio for banks unchanged, in line with expectations.

A Look at Mutual Funds

I have come across various interviews where they ask about Mutual Funds & the way they work. The following article would help you get an insight in what they really are.   

What are Mutual Funds ?  

Mutual Funds refers to a fund established in the form of a trust by a sponsor  to raise money through one or more schemes for investing in securities. It is a special type of investment institution, which acts as an investment intermediary that collects money from a large number of people restricted to have a common objective to achieve. A fund is hosted by a fund manager or a team of well experienced bankers who form a diversified portfolio for attaining the objective.

RBI Cuts Repo Rate and CRR by 25 Basic Points

The Reserver Bank of India today (29th January 2013)  has reduced Repo Rate by a widely expected 25 basis points, taking comfort from cooling inflation as it made the first cut in nine months to support an economy headed for its slowest growth in a decade. So now the Repo Rate has become 7.75 Percent (earlier it was 8%).

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Meet the New CMD of Bank of Baroda - S.S. Mundra

The Centre has appointed the Executive director of Mumbai-based Union Bank of India, Mr S.S. Mundra as the Chairman and Managing Director of Bank of Baroda, The County’s second Largest lender. The top post in the bank fell vacant following the retirement of MD Mallya in the month of November. This will be Mundra's second stint with the bank. He had joined Bank of Baroda in 1977 and was there till 2008 as general manager heading European operations of the bank. He was later joined as an executive director in Union Bank of India.  Mundra’s tenure as the Bank of Baroda's chairman will be for one and half years until he retires in July 2014.

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Important Points You Should Know about Indian Banking for Bank Exams and Interviews - Pdf Download

Friends, here is the pdf file of the Short notes on Indian Banking which will be helpful for you in upcoming  RBI, IBPS and SBI Bank Exams and Interviews. In this short pdf file, we've covered the basic history of Indian Banking, its types and functionalities. Hope this will help you in getting the basic idea of Indian Banking Industry and in performing well in your Banking Interviews and Exams. To make  this small book easier to read and user friendly, we just covered the main important points of Indian Banking. If you want to read more about Indian Banking, you can get complete details and short notes here. All The Best

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Shortnotes on ALM (Asset Liability Management) - Banking Basics for SBI and IBPS Common Interviews

Friends, here is a detailed shortnotes on the strategic management tool of Banking Industry, ALM  (Asset Liability Management). You can read our detailed guide for banking interview preparation which help you for SBI Associates Clerks, IBPS RRB and IBPS Common Interviews Here.

What is ALM ?
The full form of ALM is Asset Liability Management. This is the process of managing risks that arise due to mismatches between the assetsand liabilities (debts and assets in simple words) of the bank.

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Meet the New Chairman of 14th Finance Commission - Y. V. Reddy

The government of India on Wednesday has announced that the former Reserve Bank of India (RBI) Governer Y. V. Reddy will be the chairman of 14th Finance Commission.Prior to joining the Reserve Bank as its governor in September 2003, Reddy was India's executive director on the board of the International Monetary Fund.

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Meet the New Deputy Governor of RBI - Urgit Patel

The Indian government today (2nd Jan 2012 -Wednesday) has appointed Renowned Economist and public finance expert Urjit Patel as a Deputy Governor of the Reserve Bank of India (RBI), putting an end to weeks of speculation over who would fill the position left vacant by the exit of Subir Gokarn, whose term ended Monday (read full story here).

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RBI Deputy Governor Subir Gokarn retires

The Deputy Governor of the Reserve Bank of India (RBI) Subir Gokarn retires. So the Governor of RBI D Subbarao will now be directly in-charge of the monetary policy department which was earlier under Subir Gokarn. Actually Gokarn's three years term had ended in November 2012, but the government had given him one-month extension which expired on December 31, 2012. 

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RBI Kept the Key Interest Rates Unchanged but Hinted at Easing of Rates in January

The Reserve Bank of India (RBI) today (Tuesday 18th December 2012) kept key policy rates including the CRR (Cash Reserve Ratio) unchanged. While the Repo rate was maintained at 8%, CRR was also maintained at status quo of 4.25%. However, it hinted at easing of rates in January saying with decline in inflation, the focus of monetary policy would shift to removing impediments to growth. Overlooking demands of the industry and the bankers, the RBI left the short-term lending (repo) rate and the Cash Reserve Ratio (CRR) unchanged at 8% and 4.25%, respectively. 

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Current RBI Rates for IBPS Clerks Online Exam

Friends, here is the table of present RBI Rates for Upcoming IBPS Clerks Exam. Try to remember these  values as its very important in Banking Awareness section of IBPS.

You can read complete Study Materials and Mock Tests of Banking Awareness section for IBPS Clerks Here.

All The Best :)

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Banking Awareness Bits for IBPS Exam - Set 5

Friends, here is your practice paper of Banking Awareness. If you are new to this blog, read short notes on Banking Awareness here before answering these questions. All The Best :)

Which Stock Exchange and United Bank of India has signed a Memorandum of Understanding with for offering an internetbased equity trading platform?

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Five Indian Companies in the List of World's 50 Most Innovative Firms

Five Indian companies have made to a list of the world's 50 most Innovative Firms. The Indian Companies  Larsen &Toubro, Hindustan Unilever, Infosys, TCS and Sun Pharma listed in the top 50 innovative firms released by US-based business magazine Forbes.  The Global list is topped by IT firm Salesforce.com, Indian major L&T is ranked 9th worldwide, followed by HUL (12th), Infosys (19th), Tata Consultancy Services (29th) and Sun Pharma (38th) among the Indian companies. In the overall list, Salesforce.com is followed by Alexion Pharmaceuticals, Amazon.com, software firm Red Hat and China's Baidu, Intuitive Surgical, Japanese internet retail firm Rakuten, Edward Lifesciences, L&T and ARM Holdings.

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Functions of Commercial Banks - Banking Awareness for IBPS Online Exam

Friends, we hope all of you are preparing well for the upcoming IBPS Clerks Online Exam. Today, we are going to teach you a very important topic of Banking Awareness. The functions of Commercial Banks. This post will teach you about the basic functions (both primary and secondary) of the Commercial Banks. We advise you to read our previous posts of Banking Awareness here before going to read this post. All the best :)

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Secondary Functions of Commercial Banks - Banking Awareness for IBPS

We've already discussed about the Primary Functions of Commercial Banks (you can read that post here). Now we shall discuss the secondary functions of Commercial Banks.

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Primary Functions of Commercial Banks - Banking Awareness for IBPS

In this post we shall discuss about the Primary Functions of Commercial Banks (Read the Basics Here)

The primary functions of a commercial bank are :

a) Accepting deposits; and

b) Granting loans and advances 

Now lets have a detailed analysis of these functions. 

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Banking Awareness Preparation Material for IBPS Bank Online Exam

Friends, all of you know that Banking Awareness is one of the Important section in the upcoming IBPS Bank Exams. You will get 20 marks from this section (The section named General Awareness with Special reference to Banking Industry contains 20 Questions from Banking Awareness and 20 Questions from General Awareness / Current Affairs). But this section plays important role in selection because many people pay less attention in this section due to lack of knowledge. Here, you can get Complete Preparation Material of Banking Awareness for the upcoming IBPS Bank Exams 2013. First read the lessons provided below and latter do the practice papers, hope it will help you getting good marks. All The Best :)

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