Entrance Exams
Govt. Exams
RTGS (Real Time Gross Settlement) is a system for real-time transfer of funds and securities between banks in India.
Insurance Regulatory and Development Authority of India (IRDAI) regulates and supervises insurance companies operating in India.
The Statutory Liquidity Ratio is currently maintained at 19.5% of net demand and time liabilities, as per RBI guidelines.
Return on Assets (ROA) measures how efficiently a bank uses its assets to generate profit. It's calculated as Net Income / Total Assets.
NEFT (National Electronic Funds Transfer) is an electronic fund transfer system in India for transferring funds between banks.
RBI serves as the Banker to the Government of India, managing government accounts, treasury operations, and public debt.
As per RBI's latest monetary policy in 2024, the repo rate stands at 6.5%. This is the rate at which RBI lends to commercial banks.
RBI does not directly lend to retail customers. Its primary functions include currency issuance, forex management, and monetary policy implementation through banking channels.
Faster advance growth than deposit growth indicates banks must source funds from market borrowings, wholesale deposits, or other expensive channels, impacting profitability and liquidity management.
Basel III mandates CCB of 2.5% and CCyB up to 1% (currently 0%), making the combined requirement up to 3.5%. This is over and above the minimum CAR.