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Banking

CBM

It stands for central bank money; the liabilities of a central bank that constitute banknotes (and other forms of money-...

CoBM

It stands for commercial bank money; it describes the portion of a currency (money supply) that is created out of...

Central Bank Money

The liabilities of a central bank that constitute banknotes (and other forms of money- overall, cash) and bank deposits (reserves)...

Non-Marketable Asset

An asset that constitutes an amount of money lent by a bank to its customers (a bank loan). Non-marketable assets...

Commercial Bank Money

It describes the portion of a currency (money supply) that is created out of book money – i.e., debt generated...

Nostro Account

An account that a bank holds in a foreign currency in another bank. Nostro accounts are used for payment services...

IDL

It stands for intraday liquidity; all the funds that are available and can be accessed during a business day so…

Intraday Liquidity

All the funds that are available and can be accessed during a business day so that financial institutions (such as…

Normative Equity

A measure of a bank's equity that is considered at or within standard level(s) as per specific norms (such as...

Straight Through Processing

A mechanism which is developed to automate the end-to-end processing of transacting in financial instruments, replacing the conventional T+3 trading…