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Here TT selling rate should be used and exchange margin will be added, since for the bank, it is a sale transaction. Spot rate selling rate = 85.50 Add margin @ 0.15% = 85.61 Gross amount due from customer = 85.61 x 10000 = 856100
What is objective of E-rakam or E-cash?
The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the following statistics?
RBI has to do _______ to combat raising inflation.
DRT and SARFAESI are the two methods adopted by Bank for
For SANKALP Project, India has signed loan agreement of $250 million with ____________.
.............................is a facility extended by the Reserve Bank of India to the scheduled commercial banks (excluding RRBs) and primary dealers...
The Headquarter of SIDBI Is located in
Which of the following person is not the Deputy Governor of RBI?
Repo and Reverse repo rates are two rates set by RBI for .................... ?
KYC used in the Banks in India, the main aim for using KYC in bank is_____