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Banking
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Amortization
Amortization is a method of spreading the cost of an intangible asset over a specific period of time, which is usually the course of its useful life. Intangible assets are non-physical assets that are nonetheless essential to a company,... (More)

Amortization means paying off a loan with regular payments, so that the amount you owe goes down with each payment. Negative amortization means that even when you pay, the amount you owe will still go up because you are not... (More)

  • Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 seeks to protect and enhance the depositors’ existing rights.
  • It also brings in a comprehensive and efficient resolution regime for financial firms.
  • The FRDI Bill was introduced in the Lok Sabha on... (More)