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Posted byOlivia
Bank Rate vs Repo Rate There are financial instruments in the hands of apex or central banks of the nations to control money supply and thus, inflation and many other monetary situations in the economy. Bank rate is one such tool that controls the amount of money in the economy and is regularly used by […]
Posted byOlivia
CRR vs SLR Not many people, except those who are in banking industry or are students of economics know about terms like CRR and SLR. This is because theses are financial instruments in the hands of apex bank of India, the RBI (Reserve Bank of India), to control liquidity available to commercial banks. Thus, despite […]
Posted bykishor
RBI vs SEBI RBI is the central bank of India whereas SEBI is the Securities and Exchange Board of India. Both of them play vital role in Indian economy. RBI is the body responsible for maintaining bank notes in the country, to keep currency reserves to maintain monetary stability and to keep the credit and […]
Posted byOlivia
Base Rate vs BPLR Rate BPLR is the Benchmark Prime Lending Rate and is the rate at which banks in the country lend money to their most credit worthy customers. Till now, RBI had given a free run to the banks to fix their BPLR and different banks do have different BPLR causing resentment among […]
Posted bykishor
央行和印度国家银行印度储备银行(RBI)是清纯甜美try’s national bank. It was established in 1935 under the recommendations of the Royal Commission on Indian Currency and Finance. RBI took over control of currency and credit from the government and with the introduction of the RBI Act 1934, the bank became the banker […]
Posted bykishor
IFSC Code vs Swift Code Swift code and IFSC code are identification codes for the purpose of electronic money transfer between financial institutions, mainly banks. One has to mention these codes when transferring money from one bank to another. While Swift code is used for international money transfer, IFSC codes are required when one wishes […]
Posted byOlivia
NBFC vs MFI India is a huge country with a large population. Banks, despite having increased their presence have certain limitations as they cannot open branches in remote and inaccessible places. This is why to meet banking requirements of the people, there are many NBFC and MFI operating mainly in rural parts of the country. […]