An important monetary policy instrument and refers to the Cash Reserve Ratio (CRR) to be maintained by the banks under the provision of RBI Act 19 [..]

Level of a country's international reserves in relation to its average monthly import bill. Three months import cover is regarded as an adequ [..]

The object behind introduction of the concept of know your customer is to prevent banks from being used intentionally or unintentionally by crimin [..]

Relation between the interest rate and the time to maturity of the debt for a given borrower in a given currency.

The term is defined as a process of mediation through institutions and instruments between primary savers and lenders, and ultimate borrowers.

The Reserve bank of India Act enables the Bank to make advances repayable within 3 months to the Central Government and the State governments. To [..]

ADRs/GDRs are receipts (not shares) issued by an American Depository or any Global Depository to investors, giving them the title to underlying sh [..]

Approved securities are those issued by the Government and local bodies as also securities enjoying the guarantee of the Government in regard to p [..]

The process of buying a thing in one market and selling it at the same time in another market, in order to take advantage of the price difference.

The Asian Clearing Union (ACU) was established with its head quarters at Tehran, Iran on December 9, 1974 at the initiative of the United nations [..]