Tag: Banking
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What Is The Importance Of CASA Ratio
What is CASA Ratio Total deposits in relation to current and savings accounts in a bank are known as the CASA ratio. The percentage of deposits (monetary value) in current and savings accounts to the bank’s total deposits is known as the CASA (Current Account and Savings Account) Ratio. Banks do not pay interest on…
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How Do Banks Make Money On Zero Interest Loan
Introduction Many a times we have seen e-commerce websites provide lucrative facilities, one of which is no cost EMI. These loans and EMI are provided by banking and financial institutes. It is a noteworthy question to ask – How do the banks make money if they lend funds interest free? Also Read: How Does Asset…
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What Are The Special Benefits Of Pradhan Mantri Jan Dhan Yojana
What is Pradhan Mantri Jan Dhan Yojana Scheme The Pradhan Mantri Jan Dhan Yojana (PMJDY) is a National Mission for Financial Inclusion that aims to provide inexpensive access to essential financial services such as savings and deposit accounts, remittance, credit, insurance, and pensions. This scheme aims to ensure that the excluded sections, such as weaker…
