Md Monirul Islam
The Banking Companies Act, 1991, specified the situations in which the office of a director falls vacant. A director will lose his position if: Fails to Repay Loan or Interest: If the director of a banking company fails to repay…
Md Monirul Islam
(a) SMART + 300 basis point (b) Crawling Peg System (c) Prompt Corrective Actions (PCA) (d) Deposit Insurance Trust Fund (DITF) (e) Departmental Control Function Check List (DCFCL) (f) Deposit Mix
Md Monirul Islam
(a) Pledge and Hypothecation (b) Repo and Reverse repo (c) Pay order and Bank draft (d) ATM and POS (e) Bank rate and Lending rate (f) Bill of lading and Bill of entry.
Md Monirul Islam
(a) Contract and Agreement (b) Primary Security and Collateral Security Definition: Primary Security is the asset directly purchased with the loan funds. Collateral Security is an additional asset offered to the lender as extra security for a loan. Example: If…
Md Monirul Islam
(a) Bankers Book (b) Memorandum of Association (c) Suspicious Transactions (d) RTGS (e) Deposit Insurance Act, 2000 (f) e-KYC
Md Monirul Islam
(i) Pledge and Hypothecation (ii) Drawing Power and Power of Attorney (iii) Cheque and Bank Draft (iv) Bill of Lading and Bill Entry (v) Holder in due course and Holder for value (vi) ATM and POS