Basel Committee Charter Updated 5 June 2018 Table of contents Purpose and role Membership Oversight Organisation BCBS standards, guidelines and sound practices Consultation with non-member authorities Relationship with other international financial bodies […]
Basel Committee on Banking Supervision (BCBS)
BCBS 45 members comprise central banks and bank supervisors from 28 jurisdictions BIS is an international organisation which fosters cooperation among central banks and other agencies in pursuit of financial and […]
Financial institutions definition by FATF
Financial institutions Financial institutions means any natural or legal person who conducts as a business one or more of the following activities or operations for or on behalf of a customer: 1- […]
Finance Minister unveils Doorstep Banking Services and declares EASE 2.0 Index Results
Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today inaugurated Doorstep Banking Services by PSBs and participated in the awards ceremony to felicitate best performing banks on EASE Banking Reforms Index
JUNIOR ASSOCIATE OF IIB & F (JAIIB) EXAM SYLLABUS 2020
INDIAN INSTITUTE OF BANKING & FINANCE (An ISO 9001 – 2015 CERTIFIED ORGANISATION) Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai – 400 070 A separate Module (Module E) […]
DIPLOMA IN BANKING & FINANCE Syllabus 2020
INDIAN INSTITUTE OF BANKING & FINANCE (An ISO 9001 – 2015 CERTIFIED ORGANISATION) Kohinoor City, Commercial-II, Tower-1, 2nd Floor, Kirol Road, Kurla (West), Mumbai – 400 070
Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits RBI Directions 2016
The Reserve Bank of India (the Bank), having considered it necessary in the public interest and being satisfied that for the purpose of enabling the Bank to regulate the credit system to the advantage of the country, it is necessary to give the directions set out below, hereby, in exercise of the powers conferred by sections 45J, 45JA, 45K, 45L and 45MA of the Reserve Bank of India Act, 1934 (Act 2 of 1934) (the RBI Act) and of all the powers enabling it in this behalf, and in supersession of the earlier directions contained in Notification No.DFC.118/DG (SPT)-98 dated January 31, 1998 issues the following Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016 (the Directions) applicable to every non-banking financial company hereinafter specified.
Comptroller of the Currency
The OCC supervises nearly 1,400 national banks, federal savings associations, and federal branches and agencies of foreign banks operating in the United States.
Bank Failure means
A bank failure is the closing of a bank by a federal or state banking regulatory agency.
Typically, a bank is closed when it becomes critically undercapitalized or is unable to meet its obligations to depositors and others.
Banking phishing
The victim is redirected to a fake website similar to the impersonated service, where the user thinking he is on the official site, ends up filling out a form where he provides the same data he would have used on the actual website.
What is the Federal Reserve Bank (FED) and why do USA have it?
In reality, the act created a private, for profit, central Banking Corporation owned by a cartel of private banks. Who owns the FED? The Rothschilds of London and Berlin; Lazard Brothers of Paris; Israel Moses Seif of Italy; Kuhn, Loeb and Warburg of Germany; and the Lehman Brothers, Goldman, Sachs and the Rockefeller families of New York.
THE MONETARY AND BANKING ACT-IRAN
Changes in the parity of the Rial in relation to gold shall be effected upon the recommendation of Central Bank of the Islamic Republic of Iran (hereinafter referred to as CBI), the agreement of the Minister of Economic Affairs and Finance, the approval of the Council of Ministers, and the ratification of the Finance Committees of the Islamic Consultative Assembly.
India Banks have been granted permission to declare dividends by RBI-04/05/2005
These guidelines permitted banks to declare dividends subject to a ceiling of 33.33% on the dividend payout ratio, without obtaining the prior approval of RBI, subject to the fulfilment of the laid down criteria.
Bank for International Settlements (BIS)
The Bank for International Settlements (BIS) serves central banks in their pursuit of
monetary and financial stability, fosters international cooperation in those areas
and acts as a bank for central banks
Unregulated Deposit Scheme
“Unregulated Deposit Scheme” means a Scheme or an arrangement under which deposits are accepted or solicited by any deposit taker by way of business and which is not a Regulated Deposit Scheme, […]
Shell bank
Shell bank means a bank that has no physical presence in the country in which it is incorporated and licensed, and which is unaffiliated with a regulated financial group that is subject to effective […]
Funds
Funds The term funds refers to assets of every kind, whether corporeal or incorporeal, tangible or intangible, movable or immovable, however acquired, and legal documents or instruments in any form, including electronic or digital, evidencing […]
Bank Fixed Deposit Interest Rates in India
The rates are applicable for deposits of below Rs. 1 crore. As per 1st March 2019 Bank of India Investment Period FD rates for Regular deposits FD rates for Senior Citizen 7 […]
Federation of Bank of India Staff Unions & ANR. Vs. Union of India & ANR- 1/3/2019
Indeed, the qualifications and disqualifications are bound to vary from category to category and would depend on the post, experience and the stream from where a person is being nominated as a Director.
List of Scheduled Banks in India
SCHEDULED BANKS UNDER RBI ACT Ajodhia Bank, Fyzabad, Allahabad Bank. American Express Banking Corp. American Express International Banking Corporation. Andhra Bank, Masulipatam. Bank of America, National Association. Bank of Baroda Bank of […]
