Mortgage is a type of charge bank create on a property for safe lending. Thus it is really important that you have a proper knowledge about types of charges bank creates before applying loan. There are three types of charges banks create on the security provided by borrower. The charges are namely Pledge, Hypothetication and […]
What is Mortgage and Types of Mortgage in Bank Loan? Read More »
Prompt Corrective Action (PCA) is a defense mechanism created by RBI for monitoring and safeguarding the banks from financial collapse. Thus the PCA is a process or mechanism under which RBI can initiate a corrective action on banks. Which involves monitoring of certain performance indicators of the banks as an early warning exercise for financial
What is Prompt Corrective Action (PCA) Framework for Banks? Read More »
If you want to apply for loan with some kind of security like Gold, Vehicle, Buildings as a guarantee. To safeguard the loan, banks will create charge on the security you propose. There are three common types of charges banks and financial institutions create on the security namely Pledge, Hypothecation and Mortgage. You might have
Pledge VS Hypothecation VS Mortgage |Differences & Comparison Read More »
Monetary Policy is the Norms and Policies set by Monetary Authority (Usually the Central Bank of the Country) to make a stable Economy. Thus the Monetary Policies are aimed at creating a Trustable and Valuable currency that will bring a stable growth to the economy. Reserve Bank of India (RBI) the Central Bank and Monetary
