SLR – Statutory liquidity ratio

CRR – Cash reserve ratio

Repo rate – It is the rate at which RBI lends money to Banks.

Reverse Repo Rate – It is the rate at which Banks park their funds with RBI

Bank Rate – It is the rate at which RBI lends money to Banks.

Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger

Tender Money – Currency issued by RBI Optional Money – CHEQUES, DDs, Bankers Cheques

Plastic Money – Credit card, Debit card Credit card is ready MADE overdraft in e-form for buying GOODS and services by the card holder within specified limits and according to terms and conditions of the issuer Bank WITHOUT having any account. Debit card is e-Cheque which can be used within the limits of the credit in the account associated with it for financial transactions.

Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.

• Merchant Bank provides capital to firms in the form of shares rather than money.
• Investment Banks tend to provide investment to firms.
• Corporate Banking looks after the needs of big firms, companies, business entities.
• Business Banking looks after needs of medium level business firms, entities, individuals.
• Retail banking focuses to provide services to individuals.
• PRIVATE banking focuses to provide services to high net worth individuals.
• Lead Banking focuses on providing all type of financial services.
• Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.

SLR – Statutory liquidity ratio

CRR – Cash reserve ratio

Repo rate – It is the rate at which RBI lends money to Banks.

Reverse Repo Rate – It is the rate at which Banks park their funds with RBI

Bank Rate – It is the rate at which RBI lends money to Banks.

Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger

Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques

Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and services by the card holder within specified limits and according to terms and conditions of the issuer Bank without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the account associated with it for financial transactions.

Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.