Tagged: rbi

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Investment Fluctuation Reserves

Investment Fluctuation Reserves: Introduction Investment fluctuation reserves are the reserves built up within many accumulation-style superannuation funds. The main purpose is smoothening the year-to-year returns credited to member accounts. These reserves are established by...

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Investment Portfolio Classification

The Banking Regulation Act of 1949: How it applies to Cooperative Banks The Banking Regulation Act was introduced in 1949. Before that, only certain clauses of the Companies’ Act of 1913 were applicable to...

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Cash and Balances with RBI

Behaviour of Banks with regard to cash and Balances To understand the behaviour of banks with regard to cash and balances, first we need to understand what cash is how it is related with...

Income Inequality 0

Income Inequality

DEFINITION: What is an income? Income is the revenue that comes from wages salaries interest on investment, dividends and profits from selling items. Income inequality is a situation in the economy where there is...