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What is Repo Rate, Reverse repo rate,CRR,SLR,MCLR,NPA,LAF and Bank Rate - Explained - Easily - In Hindi

What is Repo Rate, Reverse repo rate,CRR,SLR,MCLR,NPA,LAF and Bank Rate – Explained – Easily – In Hindi

What is Repo rate,reverse repo rate,CRR,SLR,MCLR,NPA,LAF and Bank rate this is what I am going to explain you easily in Hindi

Repo Rate
When a commercial bank goes through financial crisis, they approach Reserve Bank of India. The interest at which bank borrows funds from RBI by selling their securities and bonds is called “Repo Rate”. In fact the Repo full form is repurchase agreement. In other words, it is simply the rate at which RBI lends funds to commercial banks when they are facing a financial crunch and are unable to take care of their expenses.

In this case, a repurchasing agreement is signed by both the parties stating that the securities will be repurchased on a given date at a predetermined price.

This is one of the powerful tool to control liquidity, money supply and inflation level. For example if country economy needs less money supply RBI increases the Repo rate making it difficult to borrow money.

Bank Rate
The rate of interest charged by the central bank on the loans they have extended to commercial banks and other financial institutions is called “Bank Rate”. There is no repurchasing agreement signed, no securities sold or collateral involved. Banks borrow funds from the RBI and lends the money to their customers at a higher interest rate, thus, making profits.

Reverse Repo Rate
Reverse Repo Rate is the interest rate offered by RBI to banks who deposit into their treasury. When commercial banks generate excess funds, they choose to deposit it in RBI which is safer than lending it to their account holders or other companies. The rate of interest earned by depositing money in RBI is called reverse repo rate.

There may be circumstances when RBI needs money and asks commercial banks to come and give money on the basis of Reverse Repo Rate. So it generates good profit to the banks.

Main objective of repo rate is to deal with deficiency of funds. Whereas, reverse repo rate deals with liquidity in the economy.

Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks decreases. The RBI uses the CRR to drain out excessive money from the system.

Statutory liquidity ratio (SLR) is the Indian government term for reserve requirement that the commercial banks in India require to maintain in the form of gold, government approved securities before providing credit to the customers.

SLR is determined by a percentage of total demand and time liabilities.

Time Liabilities refer to the liabilities which the commercial banks are liable to pay to the customers after a certain period mutually agreed upon, and demand liabilities are such deposits of the customers which are payable on demand.

Example of time liability is a six month fixed deposit which is payable on demand only after six months.

Example of demand liability is a deposit maintained in saving account or current account that is payable on demand through a withdrawal form such as a cheque, internet banking etc.

Marginal standing facility rate is a window for banks to borrow from Reserve Bank of India in emergency situation when inter-bank liquidity dries up completely. Banks borrow from the central bank by pledging government securities at a rate higher than the repo rate under liquidity adjustment facility(LSF)

Liquidity adjustment facility (LAF) is a monetary policy tool which allows banks to borrow money through repurchase agreements. LAF is used to aid banks in adjusting the day to day mismatches in liquidity. LAF consists of repo and reverse repo operations

Marginal cost of funds based lending rate (MCLR)
The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. Earlier loans were given as part of Base Rates.

Non-Performing Asset(NPA)
Non-Performing Asset (NPA) is a loan or an advance where its interest and /or instalment of principal remain overdue for a period of time. Generally NPA refers to an asset which is not producing income.

All Rate in Real time can be checked here: https://www.rbi.org.in/home.aspx

Disclaimer: All data has been taken for informative and education purposes.

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Udyog Aadhaar - Details - Registration - Live Demo - Explained - In Hindi

Udyog Aadhaar – Details – Registration – Live Demo – Explained – In Hindi

What is Udyog Aadhaar its details how to register including live demo this is what I am going to explain you in Hindi.

Udyog Aadhaar registration process has been created to encourage small entrepreneurs to online file or register your business in India which is also known as MSME(Micro, Small and Medium Enterprises).

Previously, the UA registration was known under the names of SSI (Small Scale Industries) Certificate or MSME Registration.

The SSI Certificate was renamed to Udyog Aadhaar with an easier one-page registration process instead of long time-consuming EM (Entrepreneurs Memorandum) I/II forms.

Information and Documents Required for Online Aadhaar Registration
1. Aadhaar Number
2. Name of Business Owner as per Aadhaar Card
3. Social Category Gen\SC\ST\OBC.
4. Name of Enterprise or your business
5. Types of organisation you need to select from the below options:
    Proprietorship
    Partnership Firm
    Hindu Undivided Family
    Private Limited Company
    Co-Operative
    Public Limited Company
    Self Help Group
    Others(LLP-Limited Liability Partnership)
6. Postal Address
7. Date of Commencement or Date of Business started
8. Previous Registration Details if any
9. Bank Details
10. Area of Activity (Manufacturing or Service)
11. NIC Code (As per business) check the below link for the codes:
      http://udyogaadhaar.gov.in/ua/Document/nic_2008_17apr09.pdf
12. Persons employed in the business
13. Investment in Plant & Machinery/Equipment
14. DIC – Details of the District Industry Center nearest to the business

Main Website
http://udyogaadhaar.gov.in/UA/UAM_Registration.aspx

Udyog Aadhaar Booklet
http://msme.gov.in/sites/default/files/Udyog_Aadhar_Booklet.pdf

Register your complaint
http://udyogaadhaar.gov.in/UA/Complaint_regtister.aspx

Login to update your details later on
http://udyogaadhaar.gov.in/UA/UA_EntrepreneurLogin.aspx

Mobile App
https://play.google.com/store/apps/details?id=msme.mymsme

MSME Industries are divided as per below classification on basis of investment

Manufacturing
1. Micro enterprise in Manufacturing Sector (Rs 25 Lakhs )
2. Small enterprise in Manufacturing Sector (Rs 500 Lakhs)
3. Medium enterprise in Manufacturing Sector (Rs 1000 lakhs)
Service
1. Micro enterprise in Service Sector (Rs 10 lakhs)
2. Small enterprise in Service Sector (Rs 200 Lakhs)
3. Medium enterprise in Service Sector (Rs 500 lakhs)

De-Registration
A Micro, small and medium Enterprises can violate the regulations in the following ways which will make it liable for de-registration:

1. It crosses the investment limits.
2. It starts manufacturing any new item or items that require an industrial license or other kind of statutory license.
3. It does not satisfy the condition of being owned, controlled or being a subsidiary of any other industrial undertaking.

Disclaimer: Above data and pictures in this video has been taken from government website for informative and education purposes.

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Online Marketplace or Online Store or DropShipping - Which one to go for - Explained - Details - In Hindi

Online Marketplace or Online Store or DropShipping – Which one to go for – Explained – Details – In Hindi

Online Marketplace or Online Shop\Store, which one should I go for to create my website this is what I am going to explain you in Hindi.

Both the things Online marketplace and Online store are different in terms of operating and features.

Online marketplace : is a place where you reach different vendors of the products and request them to put in at your site, you do the work of marketing for your site.
In this model you will get profit by earning the commission.

Online Store or Online Shop : is completely different from marketplace websites, in this type of approach you will be placing the products which either you have purchased or using it from various drop shipping sites.
You are earning directly by selling the products there is no commission.

What is Drop-shipping : This approach which you can try to play when you have generated lead of various subscribers or you have many followers. In this model you can have a website and on that website you put the products with increased prices of various sites which allow dropshipping, a list of sites are mentioned below:
1. IndiaMART
2. TradeIndia
3. go4WorldBusiness
4. JimTrade
5. Tradeford
6. amazonbusiness.in
7. ExportersIndia

When a user visit your site and purchase the item from your site, which has value which you have already increased in background, the order is placed at original site and they deliver the product on your behalf to the user. So you make a margin money here(the price which you have increased for the product)

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