Kisan Credit Card Eligibility Features Benefits Objectives

What is Kisan Credit Card – Eligibility, Features, Objective, Benefits

Kisan Credit Card (KCC) is a credit programme launched in 1998 by Reserve Bank of India and National Bank for Agriculture and Rural Development...
RBI

RBI Circular : Relief for MSME Borrowers registered under GST

Relief for MSME Borrowers registered under Goods and Services Tax (GST) : Presently, banks and NBFCs in India generally classify a loan account as...
what is CIBIL credit score

What is a CIBIL Credit Score – Benefits of a High Credit Score

CIBIL Credit Score - Benefits of a high credit score : Credit Information Bureau (India) Ltd, commonly known as CIBIL, is India’s first Credit...
Banker Customer Relationship

Different forms of Banker Customer Relationship in Banking

There are various forms of Banker Customer relationship depending upon the services availed by the customer from bank.  Like Debtor-Creditor, Agent-Principal, Licensor(Lessor)-Licensee (Lessee), Bailor-Bailee, Trustee-Beneficiary,...

What is Legal Entity Identifier (LEI) number – Structure and Purpose

What is LEI number – Structure and Purpose : LEI (Legal Entity Identifier) – a 20 character unique code or identifier defined by ISO...
difference between cash credit and overdraft

What is the difference between Cash Credit and Overdraft ?

Cash Credit vs Overdraft - Key Differences : Both Cash Credit and Overdraft (OD) are flexible types of Lending. Business units need finance to...
Difference between prime security and collateral security

What is Prime Security and Collateral Security in Bank Loan ?

What is Prime Security and Collateral Security in Bank Loan : Any Individual seeking loan from bank or any financial institution has to put...
Difference between Demand Loan and Term Loan

What is difference between Demand Loan and Term Loan ?

Before we going through difference between Demand Loan and Term Loan, Lets try to understand LOAN. Loan in simple words is borrowing a sum...