Provisioning- The Weapon Of The Financial Institutions.

There is a direct correlation of profit loss in business with provision of preservation. The financial statement of the business is prepared every year at a particular time. On the date on which the accounting statement is prepared, some issues remain uncertain. There may be some costs that will need to be paid in the near future, but the time or quantity of payment is not guaranteed right now. For example, a profit bonus will be given to the employees of a portion of net profits of the year 31 December 2017. It will be 5% of the net profit or...

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Asset Liability Management

Definition of ALM (Asset Liability management ) and ALCO (Asset Liability Committee). ALM: Asset Liability Management (ALM) can be defined as a mechanism to address the risk faced by a bank due to a mismatch between assets and liabilities either due to liquidity or changes in interest rates. Liquidity is an institution’s ability to meet its liabilities either by borrowing or converting assets. Apart from liquidity, a bank may also have a mismatch due to changes in interest rates as banks typically tend to borrow short term (fixed or floating)...

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Cyber Insurance: The New Arrival Into IT World For Cyber Attack Protection.

General words of Cyber Insurance Technological advancements have revolutionized the way online notices, advertisements, advancements, and shopping are finished. This has conveyed enormous advantages to organizations, who have now discovered better approaches to connect with the current and potential purchasers. The open door offered by online networking alone is rich for organizations that expect to lead comprehensive showcasing exercises. Nonetheless, online networking stages have additionally moved toward becoming roads of cyber-attacks....

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