Certificate of Deposit Certificate of Deposit is an agreement between the investor and the bank where the predetermined amount of money is deposited for a specific period, and in return, the bank pays interest on such deposit. Certificate of Deposit…
Post by: Chris John in Banking
Statutory Liquidity Ratio One of the main functions of the Reserve Bank of India (RBI) is to control the supply of credit as well as the cost of it. The RBI mandates that every bank is required to maintain a specific…
Post by: Chris John in Banking
Cash Reserve Ratio The share of a commercial bank's total deposit which the Reserve Bank of India (RBI) mandates to be maintained at the respective bank in the form of liquid cash is known as Cash Reserve Ratio or CRR.…
