CASA ratio of a bank is the ratio of deposits in current and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%. Only few banks (e.g. YES Bank and Kotak Mahindra Bank) pay higher interest of around 6% on Saving Account balance.
Which country has become the second largest recipient of Korea's Official Development Aid ( ODA ) across the globe?
The Insurance Regulatory and Development Authority of India (Irdai) has eliminated the need for caseby-case approval for insurer investments in Infrastr...
Which ancient university's spirit did PM Modi seek to revive during his Independence Day speech?
The Reserve Bank of India (RBI) has imposed a monetary penalty of_____ on mortgage financier HDFC Ltd for failing to transfer matured deposits of cert...
Which book reveals how evolutionary biology can help fund managers become better at their craft?
Recently Government has launched Jan Samarth Portal to provide a common platform for which of the following factor?
Global financial markets infrastructure and data provider London Stock Exchange Group (LSEG) will be establishing a technology centre of excellence (CoE...
Pink revolution in India is related to?
What was the main focus of the state-of-the-art Indian Coast Guard (ICG) Maritime Rescue Coordination Centre (MRCC) inaugurated by Raksha Mantri Rajnath...
What is Hero MotoCorp's ambitious goal for water conservation by 2025?