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What is Commercial Paper ?

Commercial Papers : A Commercial Paper is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a discount to the face value. b) Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. c) Commercial Paper normally give a higher return than fixed deposits & CDs. d) ...

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What is Money Market ?

Money Market refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one year. The most active part of the money market is the market for overnight call and term money between banks and institutions and repo transactions. It is regulated by RBI. Money Market can be further divided into ...

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What is Banking Ombudsman Scheme 2006 ?

Banking Ombudsman Scheme 2006 – The guidelines which are needed to be followed as per Banking Ombudsman. Customer must know the basic of Banking Ombudsman steps. Follow the major guidelines of Banking Ombudsman 1) The Banking Ombudsman Scheme enables a bank customer for filing of complaints relating to certain services rendered by banks. 2) The Banking Ombudsman is a senior official appointed by the Reserve Bank ...

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IBPS PO 2014 Exam Cutoff Discussion

IBPS PO 2014 Exam Cutoff Discussion – IBPS 2014 conducted for recruitment of Probationary Officers and Management Trainee in various Nationalized banks in India through written exam under Online Mode. IBPS PO 2014 CWE exam are conducted on different date under online mode and the Common Written Exam was started from 11-10-2014 in different session i.e. Morning and Evening Session. ...

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