Banking Ki Baat 02:
Reverse Repo Rate
Reverse Repo Rate
The Reverse Repo Rate is the rate at which a Bankπ¦ deposits its excess moneyπͺ with the RBIπ¦ , and then RBI gives some interestβοΈ to that bank. This interest is known as the Reverse Repo Rate.
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Forwarded from Dr Gaurav Garg OFFICIAL
Let us get back to our Mundane lives now. Enough of war anxiety. Focus on studies now.
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Forwarded from Dr Gaurav Garg OFFICIAL
The truth is the mighty and powerful calls the shots in the world. No country can say NO to America and risk sanctions.
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Banking Ki Baat 03
SLR β (Statutory Liquidity Ratio)
In Simple Words:
Banks must keep some moneyπ aside in the form of gold πͺ , cash π΅ , and approved securities π .
They canβt use this portion for lending or investment. It helps ensure banks always have enough safe assets.
This required amount is called the Statutory Liquidity Ratio (SLR).
SLR β (Statutory Liquidity Ratio)
SLR is a certain percentageπ of their total depositsπͺ in the form of Goldπͺ + Cashπ΅ + Bondsπ + Securitiesπ , which every bankπ¦ has to maintain at the end of every business dayπ .
In Simple Words:
Banks must keep some money
They canβt use this portion for lending or investment. It helps ensure banks always have enough safe assets.
This required amount is called the Statutory Liquidity Ratio (SLR).
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Banking Ki Baat 04
Cash Reserve Ratio (CRR)
In simple words:
Banks are required to keep a part of their moneyπͺ with RBI in cash form π΅ . This helps RBI π¦ control the money flow in the economy. This fixed portion is called the Cash Reserve Ratio (CRR).
Cash Reserve Ratio (CRR)
The Cash Reserve Ratio is the ratioπ maintained by every bankπ¦ , which is a certain % of their total depositsπͺ with the RBIπ¦ in the form of Cashπ΅ and Net Demand andTime Liabilities (NDTL) π .
In simple words:
Banks are required to keep a part of their money
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Banking Ki Baat 05
Bank Rate
In simple words:
When banks need money for a long time, they borrow it from the RBI. RBI doesn't ask for any security and charges interest on the amount. That interest rate is called the Bank Rate.
Bank Rate
The Bank Rate is the rateπ at which the RBIπ¦ lends moneyπ΅ to banksπ¦ without any securityπ for a longer periodβ³ (more than 90 days).
In simple words:
When banks need money for a long time, they borrow it from the RBI. RBI doesn't ask for any security and charges interest on the amount. That interest rate is called the Bank Rate.
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Banking Ki Baat 06
Marginal Standing Facility (MSF)
In simple words:
When banks urgently need money for one night, they can take a quick loan from RBI using MSF.
RBI charges a bit higher interest on this emergency loan.
It acts like a last-minute help for banks to manage sudden fund shortages.
Marginal Standing Facility (MSF)
MSF refers to the rateπ at which banksπ¦ can borrow fundsπ΅ from the RBIπ¦ for a very short time, usually on an overnight basisπ β±
In simple words:
When banks urgently need money for one night, they can take a quick loan from RBI using MSF.
RBI charges a bit higher interest on this emergency loan.
It acts like a last-minute help for banks to manage sudden fund shortages.
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Banking Ki Baat 07
Non-Performing Assets (NPA)
In simple words:
When someone takes a loan from the bank and stops paying it back for a long time (90+ days),
the bank starts losing money on that loan.
Such bad loans are called NPAs, and they are a big problem for banks.
Non-Performing Assets (NPA)
NPA refers to the assetsπΌ (mostly loans) of a bankπ¦ that are not generating any incomeπ΅ .
If a borrower doesnβt repay the loan or interest for more than 90 daysπ (and for some consumer loans, 180 days), the bank labels that loan as a Non-Performing Asset.
In simple words:
When someone takes a loan from the bank and stops paying it back for a long time (90+ days),
the bank starts losing money on that loan.
Such bad loans are called NPAs, and they are a big problem for banks.
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Which was the first co-operative bank π established in india?
Anonymous Quiz
20%
Bharat Cooperative Bank
17%
Anyonya Co-operative Bank
53%
Saraswat Cooperative Bank
11%
Shamrao Vithal Cooperative Bank
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Start with pen and paper
How this helps:
β’Trains your mind to think and write clearly
β’Improves your ability to present thoughts with accuracy
β’Builds typing habits and gradually boosts your typing speed
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GST π«΄ (GOODS AND SERVICES TAX)
TYPES OF GST:
β© CGST (Central GST) - Collected by the Central Government on transactions within a state.
β© SGST (State GST) - Collected by the State Government on transactions within the same state.
β© IGST (Integrated GST) - Applied on interstate transactions and collected by the Central Government, which shares it with the destination state.
β© UTGST (Union Territory GST) - Levied in Union Territories without a legislature, along with CGST instead of SGST.
Banking Ki Baat 09
TYPES OF GST:
Banking Ki Baat 09
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SBIPO2024-Main-WTRESULT-15 columns.pdf
42.2 KB
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Time Managementπ (09 Hour Study Plan) By Alakh Pandey Sir
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Junior Associates-SPLDRIVE-2024-25-RESULT-15 FORMAT.pdf
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Ladakh Region SBI Clerk Result Out π
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Hi Everyone! π
I'm starting a new PDF series: The Hindu Editorial + Vocabularyπ°
I'll be testing it for one week, and if the response is goodβοΈ , Iβll continue uploading it regularly π₯ .
If you have any suggestions or content requests, feel free to message us on @preptodaybot㪠.
I'm starting a new PDF series: The Hindu Editorial + Vocabulary
I'll be testing it for one week, and if the response is good
If you have any suggestions or content requests, feel free to message us on @preptodaybot
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