Income of Banking Company Interest income and Fee income, the two are the Banking Company’s operating source of income. Banking Companies primarily accept deposits (in the form of Term deposits (FD/RD), saving a/cs, current a/cs) from public at a certain percentage (%) and thereafter lend these deposits in the form of loans/limits at a certain […]
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Career in Banking – Current Job Openings
Career in Banking Below are the links to the Career pages of all the Public Sector Banks and reputed Private Sector Banks for your ease to check the updated vacancies at regular intervals: Public Sector Banks S. No. Bank Name Career […]
History of Accounting
History of Accounting The history of accounting is as old as civilization. The seeds of accounting were most likely first sown in Babylonia and Egypt around 4000 B.C. who recorded transactions of payment of wages and taxes on clay tablets. History of Accounting in Egypt Historical evidences reveal that Egyptians used some form of […]
Micro, Small and Medium Enterprises Development (MSME) Act
Brief on Micro, Small and Medium Enterprises Development (MSME) Act, 2006 Priority Sector Lending RBI has issued guidelines on Priority Sector Lending (PSL) vide its circular1 in which they had categorized the below sectors under Priority Sector: i. Agriculture ii. Micro, Small and Medium Enterprises iii. Export Credit iv. Education v. Housing vi. Social Infrastructure […]