... price (please see answer to Question No. 21 on calculation of yield on Treasury Bills). Treasury Bills are issued through auctions conducted by the ReserveBankofIndia usually every Wednesday ... a bond's cash flows or of any series of linked cash flows. b) The higher the coupon rate of a bond, the shorter the duration (if the term of the bond is kept constant). c) Duration is ... Day count convention refers to the method as to how the number of days are counted for calculation of prices and yields of bonds. As the use of different day count conventions can result...
... period of deputation;(b) in the case of persons taken on deputation for a fixed duration, or on a contract of a fixed duration, the benefit shall cease to accrue on the expiry of the term of deputation ... Reconstruction Bankof India, (8)Export Credit and Guarantee Corporation ofIndia Ltd., (9) SBI Mutual Fund, (10)Canbank Mutual Fund, (11) Industrial Finance Corporation of India, (12) NationalHousing ... Insurance Corporation of India, (2) Unit Trust of India, (3) General InsuranceCorporation ofIndia and its subsidiaries, (4) Industrial Development Bankof India, (5)National Bank for Agriculture...
... ReserveBankof India: Functions and Workingž¸¸£·¸ú¡¸ ¹£ö¸¨¸Ä ¤¸ÿˆ RESERVE BANKOF INDIA www.rbi.org.in43 On- site InspectionThe ReserveBank undertakes annual on- site inspection of banks ... Counterfeiting21Monetary Management3One of the most important functions of central banks is formulation and execution of monetary policy. In the Indian context, the basic functions of the Reserve Bankof ... value of the currency notes of the Government ofIndia (currency notes issued by the Government ofIndia prior to the issue ofbank notes by the Reserve Bank) and bank notes of the Reserve Bank...
... Report of the Sub-Committee of the Central Board of Directors of ReserveBankofIndia to Study Issues and Concerns in the MFI Sector RESERVE BANKOFINDIA January ... the responsibility for off-site and on- site supervision of MFIs but the on- site supervision may be confined to the larger MFIs and be restricted to the functioning of the organisational arrangements ... implementation of the Code of Conduct with penalties for non-compliance. c) Banks also must play a part in compliance by surveillance of MFIs through their branches. d) The ReserveBank should...
... 13. Issuance of Cheque Books.(individuals) inclusive of service tax Individuals Pensioners Senior Citizens Savings Bank (MICR/Non-MICR Rs.3.00 per cheque leaf(one cheque book of 20 leaves ... dated 18 Jun 2012 12. Issuance of Cheque Books.(Non-individuals) inclusive of service tax Savings Bank (MICR) Rs.4.00 per Cheque leaf. (One cheque book of 20 leaves free in a calendar year) ... students:0.50% concession from card rate 16. Return of Outward Clearing Cheques (inclusive of service taxes) Local cheques Rs.102/- per instrument + other Bank charges for local cheques. Outstation Cheques...
... tender in original along with earnest money for Rs. 10,000/= in shape of demand draft in favour ofBankof India, shall be submitted in the office of Zonal Manager, Zonal office, Ludhiana. The ... 28. The contractor shall get the approval of the Architect regarding the route of conduits, No. of runs, diameter of conduits, No. & size of wires, location of pull boxes, route of cables ... days only from the date of award of work 5. Offers not contained on the tender documents ofBank & not accompanied with the requisite sum of earnest money & in the form mentioned...
... tender in original along with earnest money for Rs. 10,000/= in shape of demand draft in favour ofBankof India, shall be submitted in the office of Zonal Manager, Zonal office, Ludhiana. The ... days only from the date of award of work. 5. Offers not contained on the tender documents ofBank & not accompanied with the requisite sum of earnest money & in the form mentioned ... 28. The contractor shall get the approval of the Architect regarding the route of conduits, No. of runs, diameter of conduits, No. & size of wires, location of pull boxes, route of cables...
... onbank lending or on the level of economic activity. We also discussed the importance of paying interest on reserves when the level of excess reserves is unusually high, as the Federal Reserve ... analysis of the relationships between paying interest on reserves, the level of reserve balances, and the operation of the payments system. See Nield (2008) for a detailed discussion of the Reserve ... the central bank all increase the level of reserves in the banking system by exactly the same amount. [See box on Sources ofBank Reserves on page 11] Bank lending and total reserves ...
... Chartered Bank ANZ Bank Shinhan Bank Hong Leong Bank Joint Venture Banks (JV Bank Name) (Vietnamese and Foreign JV Bank Partners) Indovina Bank Vietinbank & Cathay United Bank (Taiwan) ... (Taiwan) VinaSiam Bank Agribank & Siam Commercial Bank (Thailand) Shinhanvina Bank Vietcombank & First Bank Korea (Korea) VID Public Bank BIDV & Public Bank (Hong Kong) Vietnam-Russia ... exceptions to the 15% investment ceiling in three cases as of early 2011: HSBC’s purchase of 20% of Techcom- bank, Maybank’s purchase of 20% of ABBank, and Societe Generale’s investment in SeaBank....
... optimal monetary policy, but also because of its influence on the formation of future expectations by economic agents. Due to the important role of expectations in determining macroeconomic variables, ... Equation (20) shows that the derived optimal interest rate is a linear function of the economy’s state variables, tX and of the linear vector, f, which contains convolutions of the monetary ... 3. Results 3.1 Results of the Macroeconomic Model Estimation for Peru As mentioned in the steps of the calibration strategy for the identification of the monetary authority’s preferences,...
... 2010 3 Consumer Credit Summary Consumer credit outstanding declined for the 22nd consecutive month. Seasonally adjusted revolving credit fell by $3.6 billion, while nonrevolving ... Treasuries increased by $4.8 billion. The TALF facility (part of lending to nonbank credit markets) declined by $0.4 billion. Source: Federal Reserve Board Source: Federal Reserve Board ... decreased $118 billion, offset by a $110 billion increase in Treasury deposits with Federal Reserve banks (part of “Other”). Assets: Lending to nonbanks—TALF, CPFF, AMLF, and MMIFF; Short-term...
... efficient than traditional banks through specialization and economies of scale in the origination, servicing, structuring, trading and funding of loans to both bankable and non-bankable credits.13 ... banking system conducts credit intermediation. However, unlike the traditional banking system, where credit intermediation is performed “under one roof”—that of a bank in the shadow banking system, ... remainder of the paper is organized as follows. Section 2 provides a definition of shadow banking, and an estimate of the size of shadow banking activity. Section 3 discusses the seven steps of the...
... regulation. Gorton and Metrick also discuss the central role of safe harbor provisions the bankruptcy safe harbor of repos for shadow banking maturity transformation. Impact on the market of industry ... to rely on its liquidity buffer as it sells off assets that it can no longer finance. Further clarification on FDIC rules regarding the resolution of a large, non -bank under Title II of the ... risk of securitization transactions.21 21 See In the proposal, the sponsor of a securitization transaction is required to hold at least five percent of an eligible form of risk retention...
... highest amongst all other PSU banks. Strongest fee income among PSU banks SBI has a relatively strong share of fee income, owing to its strong corporate and government business relationships. ... FY2012, the bank continued its dominance with non-interest income/assets at 1.2% (highest among PSU banks). Outlook and valuation We expect SBI to outperform on account of its stronger core ... operations (down by 24bp qoq to 1.53%). Consequently, overall NIMs for the bank contracted by 16bp to 3.89%. The banks’ non-interest income (excl. treasury) grew strongly by 18.1% yoy mainly on...