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 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 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...
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...
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...
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...
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...