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Category Archives: 2018-02-February

Bail in, Bail out & FRDI Bill

Bail Out: It refers to a situation when government enters to safeguard the interest of deposits

However, this has certain negative impacts

  1. It increases burden on tax payers as bail out is by government through taxation
  2. It encourages bankers

Nostro Vs Vostro Account And Indian Banking fraud

Nostro Accounts: These are accounts held by a bank in foreign currency in another banks. They are used to facilitate

  1. International trade transactions
  2. Foreign exchange transactions

In today’s world of globalization, most of the large commercial banks hold Nostro …

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