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)
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Wholesale banking refers to the complete banking solution provided by the merchant banks to the large scale buisness organizations and the government agencies or institutions. To avail the facility of wholesale banking, the companies need to possess a strong financial... (More)
mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in... (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)