Calculation of the effective interest rate is complex, because there is no formula for this calculation. The effective interest rate is the price of money.
A PO spends a year or two of probation learning about general banking, loan processing, cash handling, bill collection, and cheque clearing. After that, he or she may be promoted to management.
The central bank is the agency to formulate and implement the monetary policy. The commercial banks are the financial intermediaries between savers and investors as both are supply side of the money market.
Looking for an entry level career with regular business hours? You may be thinking of applying to be a bank teller. Find out what to expect before you fill out that form!
Before becoming an escrow assistant, it is important to understand the job description and duties that come with this position. What is escrow? What is an escrow assistant? Find all that out here.
Right and duties of company auditor are of statutory nature. The companies Act of 1956 has clearly explained the rights and duties of company auditor.
Investment opportunities in emerging and frontier markets may not be for the squeamish or faint of heart, but opportunities are available. Frontier markets are capital markets at the beginning stages of economic development that show at least some...
RBI offers a lot of benefits over and above the pay package. It is one of the most desirable employers. Here is an in-depth look at the pay and benefits of a career in RBI.
Since bank bailouts keep happening, have we forgotten to learn from history? Here is an overview of recent bailouts.