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Banking

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BANKING

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Banking

Banking is the business of accepting deposits, making loans, and providing financial services that form the backbone of

March 15, 2026

Banking

Savings Account

A savings account is a basic bank account that lets you deposit money, earn interest, and withdraw funds while encouragi

March 15, 2026

Banking

Current Account

A current account is a bank account designed for businesses and professionals with high transaction volumes, offering un

March 15, 2026

Banking

Loan

A loan is a sum of money borrowed from a bank or financial institution that must be repaid with interest over an agreed

March 15, 2026

Banking

Fixed Deposit

A fixed deposit is a savings instrument where you lock in a lump sum for a predetermined period and earn a guaranteed fi

March 15, 2026

Banking

Credit Card

A credit card lets you borrow money from the issuing bank to make purchases now and repay later, with interest charged o

March 15, 2026

Banking

Debit Card

A debit card lets you make purchases and withdrawals by directly deducting money from your linked bank account in real t

March 15, 2026

Banking

Mortgage

A mortgage is a long-term loan specifically for purchasing real estate, where the property itself serves as collateral f

March 15, 2026

Banking

Interest Rate

An interest rate is the percentage charged by a lender for borrowing money or paid by a bank for holding deposits, expre

March 15, 2026

Banking

Overdraft

An overdraft allows you to withdraw more money than you have in your bank account, up to an approved limit, essentially

March 15, 2026

Banking

Cheque

A cheque is a written document ordering a bank to pay a specific amount from the drawer's account to the person or entit

March 15, 2026

Banking

NEFT

NEFT (National Electronic Funds Transfer) is a nationwide electronic payment system for transferring funds between banks

March 15, 2026

Banking

RTGS

RTGS (Real Time Gross Settlement) is a fund transfer system for high-value transactions that settles payments individual

March 15, 2026

Banking

IMPS

IMPS (Immediate Payment Service) is a real-time interbank electronic fund transfer system available 24/7 including holid

March 15, 2026

Banking

Net Banking

Net banking (internet banking) allows customers to conduct banking transactions online through a bank's secure website u

March 15, 2026

Banking

Mobile Banking

Mobile banking lets you access banking services through a smartphone app, enabling transactions, payments, and account m

March 15, 2026

Banking

Bank Statement

A bank statement is an official document issued by a bank summarizing all transactions in an account over a specific per

March 15, 2026

Banking

Collateral

Collateral is an asset pledged by a borrower to a lender as security for a loan, which the lender can seize if the borro

March 15, 2026

Banking

EMI

EMI (Equated Monthly Installment) is a fixed monthly payment that combines both principal and interest, used to repay lo

March 15, 2026

Banking

Repo Rate

The repo rate is the interest rate at which the central bank lends short-term money to commercial banks against governme

March 15, 2026

Banking

SWIFT Code

A SWIFT code is a unique identification code for banks used in international wire transfers to ensure money reaches the

March 15, 2026

Banking

ATM

An ATM (Automated Teller Machine) is an electronic banking machine that allows customers to perform basic transactions l

March 15, 2026

Banking

Bank Draft

A bank draft is a payment instrument issued by a bank guaranteeing the specified amount, making it more secure than a pe

March 15, 2026

Banking

Net Asset Value

Net asset value is the per-unit market value of a mutual fund, calculated by dividing total assets minus liabilities by

March 15, 2026

Banking

Recurring Deposit

A recurring deposit is a savings scheme where you deposit a fixed amount every month for a set period and earn interest

March 15, 2026

Banking

Account Reconciliation

Account reconciliation is the process of comparing internal financial records with external statements to ensure all tra

March 15, 2026

Banking

KYC

KYC (Know Your Customer) is the mandatory process of verifying a customer's identity and assessing potential risks befor

March 15, 2026

Banking

Non-Performing Asset

A non-performing asset is a loan or advance where the borrower has stopped making principal or interest payments for 90

March 15, 2026

Banking

Balance Transfer

A balance transfer moves outstanding debt from one credit card or loan to another with a lower interest rate to reduce b

March 15, 2026

Banking

Branch Banking

Branch banking is a system where a bank operates through multiple physical locations spread across different areas to se

March 15, 2026

Banking

Cash Reserve Ratio

The cash reserve ratio is the percentage of total deposits that banks must keep with the central bank as liquid cash res

March 15, 2026

Banking

Demat Account

A demat account holds securities like stocks, bonds, and mutual funds in electronic form, eliminating the need for physi

March 15, 2026

Banking

Digital Lending

Digital lending uses technology platforms to process and disburse loans online without requiring borrowers to visit a ph

March 15, 2026

Banking

Escrow Account

An escrow account is a neutral third-party account that holds funds or assets until all conditions of a transaction are

March 15, 2026

Banking

Home Equity Loan

A home equity loan lets homeowners borrow against the equity built up in their property, receiving a lump sum at a fixed

March 15, 2026

Banking

Interbank Lending

Interbank lending is the practice of banks lending money to each other on a short-term basis to manage liquidity needs a

March 15, 2026

Banking

Prime Lending Rate

The prime lending rate is the interest rate banks charge their most creditworthy customers, serving as a benchmark for o

March 15, 2026

Banking

Standing Instruction

A standing instruction is a pre-authorized order to your bank to automatically make recurring payments or transfers on s

March 15, 2026

Banking

Trade Finance

Trade finance encompasses the financial instruments and products that facilitate international trade and commerce betwee

March 15, 2026

Banking

Wire Transfer

A wire transfer is an electronic method of sending money directly from one bank account to another, often used for large

March 15, 2026

Banking

Bank Guarantee

A bank guarantee is a promise from a bank to cover a financial obligation if the borrower or party fails to fulfill thei

March 15, 2026

Banking

Foreign Exchange Reserves

Foreign exchange reserves are assets held by a central bank in foreign currencies used to back liabilities, influence mo

March 15, 2026

Banking

Syndicated Loan

A syndicated loan is a large loan provided by a group of lenders who jointly fund the borrower under a single loan agree

March 15, 2026

Banking

Financial Inclusion

Financial inclusion is the effort to make affordable financial services accessible to all individuals, especially the un

March 15, 2026

Banking

Chargeback

A chargeback is a reversal of a credit or debit card transaction initiated by the cardholder's bank when a purchase is d

March 15, 2026

Banking

Bank Reconciliation Statement

A bank reconciliation statement matches a company's internal financial records with the bank statement to identify and e

March 15, 2026

Banking

Underwriting

Underwriting is the process where a bank or insurer evaluates and assumes the financial risk of a loan, insurance policy

March 15, 2026

Banking

Base Rate

The base rate is the minimum interest rate set by a bank below which it cannot lend to customers, ensuring transparency

March 15, 2026

Banking

Payment Gateway

A payment gateway is a technology that securely processes online credit card and digital payments between customers and

March 15, 2026

Banking

Fund Transfer

Fund transfer is the process of moving money electronically from one bank account to another, either within the same ban

March 15, 2026

Banking

Statutory Liquidity Ratio

The statutory liquidity ratio is the minimum percentage of deposits that a bank must maintain as liquid assets like gold

March 15, 2026

Banking

Amortization

Amortization is the process of spreading a loan repayment into equal periodic installments that include both principal a

March 15, 2026

Banking

Credit Limit

A credit limit is the maximum amount of money a lender allows you to borrow on a credit card or line of credit at any gi

March 15, 2026

Banking

Money Laundering

Money laundering is the illegal process of making dirty money from criminal activities appear legitimate by passing it t

March 15, 2026

Banking

Credit Risk

Credit risk is the possibility that a borrower will fail to repay a loan or meet contractual obligations, causing a fina

March 15, 2026

Banking

Transaction Fees

Transaction fees are charges that banks and financial institutions impose for processing financial transactions like tra

March 15, 2026

Banking

Fixed Interest Loan

A fixed interest loan locks in the same interest rate for the entire loan term, keeping monthly payments predictable reg

March 15, 2026

Banking

Short-Term Loan

A short-term loan is borrowing with a repayment period of one year or less, used to cover immediate cash needs and worki

March 15, 2026

Banking

Letter of Credit

A letter of credit is a bank guarantee ensuring that a seller will receive payment as long as they meet the specified de

March 15, 2026

Banking

Banker's Acceptance

A banker's acceptance is a short-term debt instrument guaranteed by a bank, commonly used in international trade to redu

March 15, 2026

Banking

Certificate of Deposit

A certificate of deposit is a time-bound bank deposit that pays a fixed interest rate in exchange for leaving your money

March 15, 2026

Banking

Debt Consolidation

Debt consolidation combines multiple debts into a single loan with one monthly payment, often at a lower interest rate t

March 15, 2026

Banking

E-banking

E-banking (electronic banking) is the delivery of banking services through digital channels like the internet, mobile ap

March 15, 2026

Banking

Facilitator

A facilitator in banking is an intermediary who helps arrange financial transactions, connect parties, and streamline co

March 15, 2026

Banking

Financial Statements

Financial statements are formal records of a bank's or company's financial activities, including the balance sheet, inco

March 15, 2026

Banking

Cash Conversion Cycle

The cash conversion cycle measures how many days it takes a company to convert inventory and resources into actual cash

March 15, 2026

Banking

Letter of Indemnity

A letter of indemnity is a document guaranteeing that losses or damages arising from a specific transaction will be comp

March 15, 2026

Banking

Loan-to-Value Ratio

The loan-to-value ratio compares the loan amount to the appraised value of the asset, helping lenders assess risk before

March 15, 2026

Banking

Maturity Date

The maturity date is the specific date on which a financial instrument like a bond, loan, or deposit expires and the pri

March 15, 2026

Banking

Overnight Deposit

An overnight deposit is a short-term bank deposit where funds are placed for just one business day, earning interest for

March 15, 2026

Banking

Portfolio Management

Portfolio management is the art and science of selecting and overseeing a group of investments that meet a client's fina

March 15, 2026

Banking

Private Banking

Private banking offers exclusive, personalized financial services to high-net-worth individuals with significant investa

March 15, 2026

Banking

Repayment Schedule

A repayment schedule is a detailed plan showing the dates, amounts, and breakdown of principal and interest for each loa

March 15, 2026

Banking

Sweep Account

A sweep account automatically transfers excess funds above a set threshold into a higher-yielding investment account to

March 15, 2026

Banking

Bounced Cheque

A bounced cheque is a check that a bank refuses to honor because the account holder has insufficient funds to cover the

March 15, 2026

Banking

Banking Hours

Banking hours are the specific times during which a bank branch is open to the public for in-person transactions and cus

March 15, 2026

Banking

Overdraft Protection

Overdraft protection is a banking service that covers transactions exceeding your account balance, preventing declined p

March 15, 2026

Banking

Credit Rating

A credit rating is an assessment of a borrower's creditworthiness expressed as a letter grade, indicating the likelihood

March 15, 2026

Banking

Nominee

A nominee is a person or entity designated to act on behalf of another in financial matters, especially to receive asset

March 15, 2026

Banking

Bankruptcy Trustee

A bankruptcy trustee is a court-appointed official who manages the bankruptcy process, liquidates assets, and distribute

March 15, 2026

Banking

Bank Audit

A bank audit is a formal examination of a bank's financial records, internal controls, and regulatory compliance by inde

March 15, 2026

Banking

Mortgage Insurance

Mortgage insurance protects the lender against losses if the borrower defaults on a home loan, typically required when t

March 15, 2026

Banking

Consumer Credit

Consumer credit is any type of borrowing by individuals for personal, family, or household purposes rather than business

March 15, 2026

Banking

Depository Institution

A depository institution is a financial entity licensed to accept and safeguard monetary deposits from the public, such

March 15, 2026

Banking

Joint Account

A joint account is a bank account shared by two or more people who have equal access to deposits, withdrawals, and accou

March 15, 2026

Banking

Loan Modification

Loan modification is a permanent change to the original terms of an existing loan to make repayment more affordable for

March 15, 2026

Banking

Over-the-Counter Banking

Over-the-counter banking refers to in-person banking services conducted at a physical bank branch counter with a teller

March 15, 2026

Banking

Revolving Credit

Revolving credit is a flexible borrowing arrangement where you can repeatedly borrow, repay, and borrow again up to a se

March 15, 2026

Banking

Bilateral Loan

A bilateral loan is a direct lending arrangement between a single bank and a borrower without involving other lenders or

March 15, 2026

Banking

Bank Lending Rate

The bank lending rate is the interest rate a commercial bank charges its borrowers, typically based on the central bank'

March 15, 2026

Banking

Bill of Exchange

A bill of exchange is a written order from one party directing another to pay a specific sum to a third party on demand

March 15, 2026

Banking

Bond Rating

A bond rating is a credit score assigned to a bond by rating agencies indicating the issuer's ability to repay debt and

March 15, 2026

Banking

Bricks-and-Mortar Banks

Bricks-and-mortar banks are traditional banks with physical branch locations where customers visit in person for banking

March 15, 2026

Banking

Commercial Paper

Commercial paper is an unsecured short-term debt instrument issued by corporations to fund everyday operational expenses

March 15, 2026

Banking

Contingent Liability

A contingent liability is a potential financial obligation that may or may not materialize depending on the outcome of a

March 15, 2026

Banking

Fiduciary Duty

Fiduciary duty is the legal obligation to act in the best financial interest of another party, putting their interests a

March 15, 2026

Banking

Full Reserve Banking

Full reserve banking requires banks to keep 100% of customer deposits in reserve, eliminating fractional lending and ban

March 15, 2026

Banking

Liquidity Risk

Liquidity risk is the danger that a bank or institution cannot meet short-term financial obligations because it cannot q

March 15, 2026

Banking

Bridge Loan

A bridge loan is short-term financing that provides immediate cash flow until permanent financing or a major transaction

March 15, 2026

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Banking

Merchant Banking

Merchant banking provides capital, advisory, and underwriting services to corporations and high-net-worth clients for la

March 15, 2026

101

Banking

Reverse Mortgage

A reverse mortgage lets homeowners aged 62+ convert home equity into cash payments without selling their house or making

March 15, 2026

102

Banking

Murabaha

Murabaha is a cost-plus financing arrangement where the bank buys an asset and sells it to the customer at a disclosed m

March 15, 2026

103

Banking

Ijara

Ijara is an Islamic leasing contract where the bank buys an asset and leases it to the customer for an agreed rental fee

March 15, 2026

104

Banking

Mudarabah

Mudarabah is an Islamic profit-sharing partnership where one party provides capital and the other provides expertise and

March 15, 2026

105

Banking

Musharakah

Musharakah is an Islamic partnership where two or more parties contribute capital, share profits by agreement, and share

March 15, 2026

106

Banking

Istisna

Istisna is an Islamic manufacturing contract where a buyer orders goods to be manufactured or constructed to specific re

March 15, 2026

107

Banking

Salam

Salam is an Islamic forward sale contract where full payment is made upfront for goods to be delivered at a specified fu

March 15, 2026

108

Banking

Takaful

Takaful is Islamic cooperative insurance where participants pool contributions to mutually guarantee each other against

March 15, 2026

109

Banking

Sukuk

Sukuk are Islamic bonds that represent ownership in a tangible asset or project, providing returns through profit-sharin

March 15, 2026

110

Banking

Zakat

Zakat is one of the five pillars of Islam — a mandatory annual charitable contribution of 2.5% on wealth above a minimum

March 15, 2026

111

Banking

Qard Hasan

Qard Hasan is a benevolent interest-free loan in Islamic finance given purely for goodwill, where only the principal mus

March 15, 2026

112

Banking

Riba

Riba is the Arabic term for interest or usury, which is strictly prohibited in Islamic finance as it represents unjust e

March 15, 2026

113

Banking

Shariah Supervisory Board

A Shariah Supervisory Board is an independent body of Islamic scholars that ensures a financial institution's products a

March 15, 2026

114

Banking

Wakalah

Wakalah is an agency contract in Islamic finance where one party appoints another to act on their behalf for a fee.

March 15, 2026

115

Banking

Kafalah

Kafalah is an Islamic guarantee contract where a third party assumes responsibility for another's financial obligation.

March 15, 2026

116

Banking

Arbun

Arbun is a down payment or earnest money in Islamic finance that secures a future purchase, forfeited if the buyer backs

March 15, 2026

117

Banking

Bai al-Inah

Bai al-Inah is an Islamic financing technique where an asset is sold and then immediately bought back at a different pri

March 15, 2026

118

Banking

Ijarah Muntahia Bittamleek

Ijarah Muntahia Bittamleek is an Islamic lease-to-own arrangement where ownership transfers to the lessee at the end of

March 15, 2026

119

Banking

Gharar

Gharar refers to excessive uncertainty or ambiguity in a contract, which is prohibited in Islamic finance.

March 15, 2026

120

Banking

Hibah

Hibah is a voluntary gift or donation in Islamic law, often used in Islamic banking to distribute profits to depositors.

March 15, 2026

121

Banking

Tawarruq

Tawarruq is an Islamic financing arrangement where a commodity is bought on credit and immediately sold to a third party

March 15, 2026

122

Banking

Bay' al-Mu'ajjal

Bay' al-Mu'ajjal is a deferred payment sale in Islamic finance where goods are delivered immediately but payment is made

March 15, 2026

123

Banking

Ujrah

Ujrah refers to a fee or commission charged for a service rendered, commonly used in Islamic banking products.

March 15, 2026

124

Banking

Wa'd

Wa'd is a unilateral promise or undertaking in Islamic finance where one party commits to perform a specific action in t

March 15, 2026

125

Banking

Hawala

Hawala is an informal money transfer system based on trust, widely used across the Middle East and South Asia.

March 15, 2026

126

Banking

Darurah

Darurah is the Islamic principle of necessity that permits otherwise prohibited actions when survival or essential needs

March 15, 2026

127

Banking

Ihtikar

Ihtikar refers to hoarding goods to create artificial scarcity and drive up prices, which is prohibited in Islamic econo

March 15, 2026

128

Banking

Shariah Compliant Banking Products

Shariah compliant banking products are financial instruments designed to follow Islamic law, avoiding interest, excessiv

March 15, 2026

129

Banking

Istihsan

Istihsan is a principle of Islamic jurisprudence that allows a jurist to prefer one ruling over another based on equity

March 15, 2026

130

Banking

Qimar

Qimar refers to gambling or games of chance, which are strictly prohibited in Islamic finance and Shariah law.

March 15, 2026

131

Banking

Sadaqah

Sadaqah is a voluntary charitable giving in Islam, offered purely for the sake of pleasing Allah without expecting anyth

March 15, 2026

Banking

Categories

BANKING

Banking

Savings Account

Current Account

Loan

Fixed Deposit

Credit Card

Debit Card

Mortgage

Interest Rate

Overdraft

Cheque

NEFT

RTGS

IMPS

Net Banking

Mobile Banking

Bank Statement

Collateral

EMI

Repo Rate

SWIFT Code

ATM

Bank Draft

Net Asset Value

Recurring Deposit

Account Reconciliation

KYC

Non-Performing Asset

Balance Transfer

Branch Banking

Cash Reserve Ratio

Demat Account

Digital Lending

Escrow Account

Home Equity Loan

Interbank Lending

Prime Lending Rate

Standing Instruction

Trade Finance

Wire Transfer

Bank Guarantee

Foreign Exchange Reserves

Syndicated Loan

Financial Inclusion

Chargeback

Bank Reconciliation Statement

Underwriting

Base Rate

Payment Gateway

Fund Transfer

Statutory Liquidity Ratio

Amortization

Credit Limit

Money Laundering

Credit Risk

Transaction Fees

Fixed Interest Loan

Short-Term Loan

Letter of Credit

Banker's Acceptance

Certificate of Deposit

Debt Consolidation

E-banking

Facilitator

Financial Statements

Cash Conversion Cycle

Letter of Indemnity

Loan-to-Value Ratio

Maturity Date

Overnight Deposit

Portfolio Management

Private Banking

Repayment Schedule

Sweep Account

Bounced Cheque

Banking Hours

Overdraft Protection