The Basel Committee on banking supervision started working on an international framework to enhance banking regulatory reforms and mitigate the risks. The Basel Committee started working immediately after the notorious global financial crunch in 2008. The current frame of proposed reforms for the banking industry is called the Basel III (03) or the third Basel …
The Basel III (3) Accord – What Is It? (Guidance) Read More »
The lender of last resort is usually central banks that offer loans to banks and financial institutions facing financial difficulty or are considered highly risky. In the United States, the Federal reserve bank acts as a lender of last resort to institutions that do not have alternative means of borrowing. Failing such institutions would negatively …
Lender of Last Resort – What Is It? And How Does It Work? Read More »
Definition of Portfolio Risk Portfolio Risk can be defined as the probability of the assets or units of stock that the company holds sinking, thereby causing a significant loss to the company in terms of their investment. A portfolio is a combination or collection of stocks or investment channels within the company. Within the portfolio, …
What is Portfolio Risk, and How Is It Calculated? Read More »
Cash credit is a short-term financing source for businesses. It works similarly to an overdraft bank facility. It is an important financing source for businesses in managing their working capital requirements. Unlike an overdraft, a cash credit facility requires collateral. The interest charges apply to the portion of credit utilized only. Contrary to a traditional …
Borrowers can obtain many different types of loans from financial institutions that provide them. These loans will fall into two general categories, secured or unsecured. Some specific types of loans will always be secured, such as mortgages. However, most other types may come in unsecured options as well. Ultimately, whether a loan is secured or …
What is a Secured Loan? Types, Advantages, and Disadvantages Read More »
The advisory firms act as consultants for the business and guide them about their strategic and operational direction. The advisory services may differ depending on the agreed scope and purpose of the engagement. Well-known advisory services include but are not limited to risk, financial, strategy, management, tax, legal, sales, and advisory for digital transformation/IT. Let’s …
What are advisory firms, and how do they earn money? Read More »
The banking industry, specifically the retail side, is the most complex part of the already highly complex industry to analyze. Because of the many different factors involved in the retail industry, it is challenging to measure the performance of the banking industry, especially the retail banking industry. It is a complex task to analyze the …
What are the Key Ratios for the Banking Industry? Read More »
The most successful companies in the world were not established overnight. There is always a very long journey for the founders and management of the companies. Similarly, Walt Disney is a name everyone knows as one of the business icons in the world. However, few know about the struggles of Walt Disney, who started the …
Who Is The Owner Of Disney? And How Does It Make Money? Read More »
Definition: The term burden rate refers to the allocation rate of indirect costs to direct costs. Usually, it covers two areas, including labor and inventory. Companies allocate indirect costs to the direct costs for products or services through the burden rate. Companies incur indirect costs in many forms. However, these costs may not always be …
Online gaming has become one of the new normals for Gen-Z and Millenials. Some research studies showed that 2/3rd of total participating men play online games, whereas the percentage of women who play online games is around ½. Some of the estimates show that the number of online gamers worldwide is over 1 billion. The …
Does Steam Support Cash on Delivery? How Does It Work? Read More »
