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19 Nov, 13 tweets, 3 min read
Complete Guide on BANKING SECTOR

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More from @FincademyIn

Fincademy Profile picture
19 Nov
Which insurance company is best to choose after doing proper research on that insurance policy ?

πŸ§΅πŸ‘‡ A Thread πŸ§΅πŸ‘‡
1/ Buying an insurance policy is the toughest job as there are many jargons & exclusions are used into it. But, after doing proper research on that insurance policy, you have found that you will buy that plan. Now, the question arises, which insurance company is best to opt for ?
Following is the parameters to check while buying policy from the insurance company :-
Read 14 tweets
Fincademy Profile picture
18 Nov
GUIDE ON INSURANCE POLICIES

A Thread of Thread's πŸ§΅πŸ‘‡
Read 6 tweets
Fincademy Profile picture
17 Nov
Complete Guide to Buying a CAR INSURANCE

A Thread πŸ§΅πŸ‘‡
1/ Car Insurance is a risk-sharing contract where the insurance company pays the damages incurred due to accident, theft, fire, etc. and in return you have to pay the premium.
2/ Should you buy car insurance ? In India, as per the Motor Vehicle Act, it is mandatory that all vehicles that are operated in public space must have car insurance. Without it, you can be a fine of β‚Ή2,000 and/or imprisonment of jail for 3 years for not having car insurance.
Read 43 tweets
Fincademy Profile picture
14 Nov
What do you mean by NPA Divergence Reporting in Banks ?

A Thread πŸ§΅πŸ‘‡
1/ Banks give out loans to a lot of people, naturally, some of them are not able to repay their loans. If the person fails to repay interest or principal amount within 90 days of the due date, they become a Non-Performing Asset for the bank.
2/ Banks lose the interest amount as well as their capital. But they do not lose the full amount. If the collateral is attached to the defaulting loan, banks can sell the collateral and recover some amount of the loan turned bad.
Read 14 tweets
Fincademy Profile picture
13 Nov
How to analyse the Bank’s Cash Flow Statement ?

A Thread πŸ§΅πŸ‘‡
1/ The Cash Flow statement of a bank is quite different from that of normal businesses. The primary reason being that the bank’s operation is that of accepting deposits and advancing loans. This usually forms the Cash Flow from the Financing part for other businesses.
2/ For a Bank, Cash Flow for Operations (CFO) contains adjustments related to the Bank's core operations, i.e, accepting deposits, and advancing loans. Giving out more loans means an outflow of cash, hence advancing loans reduce the cash flow from operations.
Read 16 tweets
Fincademy Profile picture
12 Nov
What are the most important ratios to analyze a bank ?

A Thread πŸ§΅πŸ‘‡
1/ Bank business is completely different from all sectors. For banks, loans given to their customers are assets and their liability is deposits taken from their customers.
2/ CASA Ratio - It means total % of current account and savings account. Always check the growth in CASA ratio and how much interest is given to their customers in savings accounts.
Read 26 tweets

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