Project is a way of organizing resources. Whenever a business has to be started funds are needed. Funds can be owned funds of Promoters or can be borrowed by them. Banks lend money according to the purpose – various means in which those funds shall be applied.
Learn the basics of banking reconciliation setup and process at banks. Understand how inter-office accounts are managed and reconciled in the CBS environment.
Learn the basics of banking: reconciliations in bank branches and inter-office transactions. Understand how to resolve suspense and sundry deposit accounts.
Uncover the basics of banking and the disclosure requirements in financial statements. Learn about accounting policies and practices for a true and fair representation.
Dive into the Basics of Banking: Explore the structure of Profit and Loss Account for banking companies. Understand sections, including Income, Expenditure, Profit/Loss, and Appropriations. Learn about key schedules, eligibility criteria for dormant status, and filing requirements. Stay informed with the latest insights on banking financials.
Explore the Basics of Banking: Delve into Schedule 3 on Deposits, covering Demand, Savings, and Term Deposits from Banks and Others. Uncover insights on interest, branch deposits, and special considerations. Discover Schedule 4 on Borrowings, detailing sources like Reserve Bank of India, Other Banks, and Institutions. Gain clarity on secured borrowings and inter-office transactions.
Learn about the basics of banking and Schedule 8 – Investments. Explore investments in government securities, approved securities, shares, debentures, and bonds.
Understand the basics of banking with a focus on Schedule 5: Other Liabilities and Provisions and how it impacts financial institutions.
Get a comprehensive understanding of fixed assets and other assets in banking. Learn about Schedule 10 and Schedule 11 in this informative blog post.
Explore the Basics of Banking: Schedule 7 – Cash, Balances with RBI and other Banks, and Money at Call and Short Notice.