Bills for collection are shown by the bank under which head?
One of the services provided by banks to their customers is to collect the dues against Bills of Exchange from their customers on the due dates. Where the bills have been discounted the proceeds of such bills on due date are treated as incomes of the bank. On the other hand, if bills have not been discounted, the proceeds on the same on maturity are credited to the account of the customer. The particulars will be recorded in a separate book called Bills for Collection Register. Bills sent for collection have to be shown by way of Note as per Third Schedule.
Any rupee note, which has a political slogan is not a legal tender as per.
What is CRILC ?
What is ALCO
Which of the following Acts helps a bank in its day to day activities?
At the specified branches of which bank will the Electoral Bonds be issued
E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN. It is based on which technology?
In ___________ different languages amount of a bank note is written on it.
What is true about the teaser loan rates charged by banks?
Mobile Money Identifier (MMID) is a ____ digit number of a banking customer.
Which of the following Bank is not the Sponsor Bank of RRB’s?