It is a negotiable instrument issued by a bank for a term deposit. CD's are securities purchased for less face value where bank promises to repay the deposit for a yield to maturity(YTM). the secondary market is made up by the discount houses and the banks in Inter-Bank Market.
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Wednesday, 11 March 2015
Banking Awareness - Certificate of Deposit (CD)
It is a negotiable instrument issued by a bank for a term deposit. CD's are securities purchased for less face value where bank promises to repay the deposit for a yield to maturity(YTM). the secondary market is made up by the discount houses and the banks in Inter-Bank Market.
Tuesday, 10 March 2015
Match Points BSC April
Hello Friends
The popular Banking Service Chronicle (BSC) Magazine Match Points by K.Kundan Author at BSC is here. you can download it from the below link.
CLICK HERE to download BSC Match Points April
The popular Banking Service Chronicle (BSC) Magazine Match Points by K.Kundan Author at BSC is here. you can download it from the below link.
CLICK HERE to download BSC Match Points April
Sunday, 8 March 2015
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