What is the Full form of HDFC? HDFC full form is Housing Development Finance Corporation. Established in 1977, HDFC has become one of the leading financial institutions in India, primarily...
Banks and NBFCs are the two crucial financial intermediaries in any financial system. Banks are the traditional types of entities that accept deposits from the public and provide loans to...
CRR and SLR are two ratios that our banking system must maintain in accordance with the guidelines of the RBI. There are set of rules that banks must follow to...
Corporate banking is a type of banking service that caters to the financial needs of large businesses. It aims to support profitable investments for companies' installation, modernization, expansion, and diversification...
We live in an economy where individuals and organizations constantly need finance to fulfil their requirements. Financial Institutions are the place where these entities turn to when they want to...
Transferring funds has been much easier with the advent of many payment systems in India. Unlike earlier, you can immediately transfer money from one bank account to another. IMPS and...
The Internet has made it less complicated for banks to facilitate banking for their clients online. Customers can now function their bank accounts, perform balance inquiries, transfer money, or immediately...
Discounts are integral to commercial trading. Since time immemorial, it has been part of the transactions that buyers offer and sellers implicitly or explicitly receive. Two of these types of...
Commercial and central banks are essential parts of the country's economy. While commercial banks deal directly with the end users, central banks offer their products and services to the government...
Goods and services result from human efforts to satisfy consumers’ needs and wants. Economic production is divided into physical goods and intangible services. This article will cover the concepts of...