Finance
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How The Interest Rate In Eurocurrency Markets Is Determined
Interest rate In Eurocurrency Market. Interest in Eurocurrency market is generally a floating rate of interest. Periodically, the interest rate…
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The Salient Features Of Eurocurrency Markets
Eurocurrency market, also known as Eurodollar market, is an international capital market which specialises in borrowing and lending of currencies…
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The Rules and Regulations Applicable to Non-Resident Rupee Accounts
Non-Resident (External) Rupee Account Accounts opened and maintained with authorized dealers in the names of persons resident outside India in…
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The Formalities to be complied with by an Exporter under the Exchange Control Regulations and the control mechanism of Reserve Bank of India
The Reserve Bank ensures that the foreign exchange proceeds of goods are repatriated to India through the follow-up of export…
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8 Points to be scrutinized in a Marine Insurance Policy tendered under a Letter of Credit
Marine Policy under Letter of Credit 1. The Document. Insurance documents must appear on their face to be is-sued and…
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Marine Insurance Policy : The Risks Covered and Not Covered under it
A marine insurance contract is a contract whereby the insurer undertakes to compensate the insured against loss arising out of…
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The Budget: A Key Point for Every Company
When developing our business, communication with potential clients is a key factor. For this reason, it is important to adequately…
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The Banking Services Under International Correspondent Banking Relationship
International trade involves places in different countries. It is not possible for a bank to have branches in all centers…
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The Functions of Foreign Exchange Department in a Bank
The foreign exchange department is a highly specialized department in a bank. A wide variety of services are rendered by…
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10 Steps in Demand Forecasting Process
Demand forecasting is very important for every trading or manufacturing organization. Without it, a business may supply more or less…
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