Complete Guide To Banking Terminology

[devesh]

Hi Friends
Here posting: "Completer Guide To Banking Terminology

[surbhi]

HI
this is surbhi i urgently require an analysis of the Indian banking Industry as a whole including public sector banks and private sector banks a detailed analysis of the banking industry.Kindly if possible with anyone send it to the following mail id <No Email Id Allowed> thanking you in anticipation
surbhi

[prad.vas]

hi
this is Pradeep.
Thanks for the material

[neverlandam]

hi
thanks for the source
i don' know i should lengthen my sentences to be accepted.

[ankitgokani]

HI
this is surbhi i urgently require an analysis of the Indian banking Industry as a whole including public sector banks and private sector banks a detailed analysis of the banking industry.Kindly if possible with anyone send it to the following mail id <No Email Id Allowed> thanking you in anticipation
surbhi

well wat all u want plz mention in detail so we cud help u properly

[Akchat]

Hey buddy, Thankx !!!

I needed it badly to prepare for my upcoming interviews.

[kartik]

Amazing thread on Banking Terms
Glossaries of economy and finances with detailed explanations of words, acronyms and definitions belonging to the finance and banking terminology.


What is reverse mortgage in banking terminology?


A reverse mortgage is a mortgage in which the borrower is making monthly payments that are smaller than the interest on the loan. So instead of the principal balance decreasing over time, it is increasing. When the borrower dies, the house is sold and the mortgage company gets the higher principal balance.

Reverse mortgages are typically sold to older people who have equity in the house that they can pull out in cash. They may want to use money from their equity while they are still alive instead of leaving a lot of equity in the house when they die.

[hr.chandra]

thanks for the material dear
its really helpful....

[eastwest13]

Thanks for the post friend , it is really helpful .

[meetabinash]

Hi frnds,

I need complete glossary og Banking terminology......