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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...

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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...

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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...

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