What is technical banking?

Technical Bank means Credit Agricole Corporate & Investment Bank in its capacity as technical bank or any other person that replaces it in such capacity in accordance with this Agreement.

What is TW in banking?

1. ISO 3166-1 alpha-2 code for Taiwan (Province of China). This is the code used in international transactions to and from Taiwanese bank accounts. 2.

What is CRR and SLR?

Cash Reserve Ratio (CRR) is the percentage of money, which a bank has to keep with RBI in the form of cash. Whereas, Statutory Liquidity Ratio (SLR) is the proportion of liquid assets to time and demand liabilities.

What is CCD ratio in banking?

CCD Ratio. CCD ratio stands for the credit to core capital plus deposit ratio. It is the limit till which the banks are allowed to issue the loans and advances. In Nepal, the CCD ratio limit is set at 80% by NRB and remaining 20% is held by the banks for maintaining the liquidity.

What is CC APR?

A credit card’s interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as a yearly rate. This is called the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

What is APR finance?

The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage. The APR is a broader measure of the cost to you of borrowing money since it reflects not only the interest rate but also the fees that you have to pay to get the loan.

What is SGL and BR in banking?

All the transactions put through by a bank, either on outright basis or ready forward basis and whether through the mechanism of Subsidiary General Ledger (SGL) Account or Bank Receipt (BR), should be reflected on the same day in its investment account and, accordingly, for SLR purpose wherever applicable.

What is AOD banking?

Account opening documents (AOD) are a set of documents that you must submit along with an account opening form (AOF) when you want to open a new account. These documents usually comprise identity and address proof.