what is mmgs in banking?
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The State Bank of India Specialist officer (SO) has two scales. They are: Junior Management Grade Scale (JMGS) I. Middle Management Grade Scale (MMGS) II.
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*Mobile Money Identifier (MMID) is a 7 digit code issued by a participating bank to their Mobile Banking registered customers for availing IMPS service as a beneficiary. You will have different MMIDs for different accounts and all these could be linked to a single registered mobile number. Internet Banking.
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RTGS stands for Real Time Gross Settlement. RTGS is one of the main payment and settlement systems in India. To make a payment using RTGS, one requires details like name of the account holder, account number and the IFSC code of the bank. ... IFSC code is often referred to as RTGS code or NEFT code for the same reason.
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M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds. ... These are the amounts held in checking accounts.
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The MMDC Scheme, as the name indicates is a specially formulated product designed to give the best financial returns on an initial investment. Under MMDC, Central Bank of India aims to increase the deposits of an individual exponentially, utilising the amount to its maximum and offering great growth opportunities.
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MMID is a 7 digit number allotted by your Bank for receiving funds through IMPS. The bank will allot MMID when you register your mobile number and account number in which you wish to receive funds. ... You have to share your mobile number and MMID with the remitter for receiving funds through IMPS.
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A self-help group (SHG) is a financial intermediary committee typically composed of 25-40 local men or women. A bank loan is the most common form of loan capital for a business. ... SHGs are a homogenous group of 10-20 people who collaborate for saving and internally assisting each other when necessary.
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Solutions - The modular nature of IBAS GBF means that it can range from a total banking system to a specialist system for a niche product area, such as trade finance. ... The system allows a bank to implement the same levels of sophistication in any market it chooses to enter.
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GBG (GB Group PLC) are one of the UK's largest criminal record checking providers. Our user friendly GBG Online Disclosures solution and eBulk service ensures speed and cost reduction within a user-friendly system.
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The management of the group balance sheet and shareholders' funds in banks, building societies, insurance companies, pension funds and fund managers.
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Bank Fees: There are two main types of bank fees – general bank charges like monthly/annual fees and merchant banking fees. General bank fees are input-taxed, so no GST to claim there but merchant bank fees do attract GST. ... Interest Income: Interest income does not attract GST because it is an input taxed sale.
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M1 money supply includes those monies that are very liquid such as cash, checkable (demand) deposits, and traveler's checks M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.
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In net banking, transactions can be performed via IMPS, NEFT or RTGS. While IMPS and NEFT is done for transactions below 2 Lacks, RTGS is used for transactions above 2 Lacks. ... For lesser amount it is through IMPS and NEFT. All types of money transfer is done through net banking as well as manual mode.
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M1 is the narrowest measure of money and includes only currency and demand deposits with banks. A broader definition of the money supply is M3 which includes M1 + all other deposits of the private non-bank sector with banks operating in Australia.
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HDFC IMPS Transfer & MMID The Mobile Money Identifier or MMID is basically a seven-digit unique number that is issued by the bank after the mobile banking registration is achieved.
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Maybach Music Group (MMG) is a record label imprint founded by American rapper Rick Ross. Maybach Music Group albums are distributed by Atlantic Records, a division of the Atlantic Records Group.
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['Retail Banking.', 'Corporate/Commercial Banking.', 'Global Banking.', 'Private Banking.', 'Investment Banking.']