Promotion Calendar 2017 For Bank of Baroda Employee

Bank of Bank Announce the Promotion Calendar for the Year 2017 with the Tentative date of written test , Interveiw / GD and tentative of Result PROMOTION CALENDAR Plan of Activity – Promotion Exercise Tentative Schedule Tentative date of Declaration of Results ...

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Exchange Rate Mechanism

There is two type of Exchange Rate Mechanism: A. Direct quotation B. Indirect quotation a. Direct quotations: Under a system of Direct Quotations, the exchange rates are quoted where the unit(s) of Foreign currency remains constant, whereas the home currency units fluctuates...

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AML - Anti Money Laundering

It is conversion of money, which is illegally obtained, so as to make it appear to originate from alegitimate source. The main objective of the Act is:1. To prevent, combat and control money laundering.2. To confiscate and seize the property obtained from the laundered money.3. To deal with any other issue connected with money laundering in India. There are three independent steps or stages...

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Credit Information Bureau (India) Limited – (CIBIL)

1. Credit Information Bureau (I) Ltd was set -up in January 2001, as a joint venture. 2. CIBIL is a composite Credit Bureau, which caters to both commercial and consumer segments. The Consumer Credit Bureau covers credit availed by individuals while the Commercial Credit Bureau covers credit availed by non-individuals such as partnership firms, proprietary concerns, private and public limited...

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ASBA (Application Supported by Blocked Amount)

ASBA is a process developed by the Securities and Exchange Board of India (SEBI) for applying to IPO. In ASBA, an IPO applicant's account doesn't get debited until shares are allotted. Qualified Institutional Buyers (QIBs) are not allowed to participate in IPOs through ASBA facility. ASBA process facilitates retail individual investors bidding at cut-off, with single option, to apply through...

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