How To Get Education Loan By NRI’s ?
Requests received from NRIs can be considered if student is Indian passport holder and they meet other eligibility requirements. However, it would be necessary to
Define Acceptnace in Banking
This is drawee? acknowledgement of the LIABILITY on a BILL OF EXCHANGE, in writing on the instrument itself. A bill may also bear the co-acceptance
Define Arbitrage
The simultaneous purchase and sale transactions in a security or a commodity, undertaken in different markets to profit from price differences.
What is Accrual Basis ?
A method of accounting that recognizes revenues and expenses as they accrue, even though cash would not have been received or paid during the accrual
What is Loan Amortization ?
This is generally the term used in paying Loan installments.The reduction of an amount at regular intervals over a certain time period.
What is Perpetual Bonds ?
These are securities without any maturity.
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