Tag Archives: Middle office
Foreign Exchange Dealing Operations
If you buy a Binny Silk Saree for your wife (or girl friend!) at T.Nagar Chennai Nalli Silks, you will naturally want to pay for it with Indian Rupees and the Nalli Silks will want to be paid in Rupees because he pays all his bills with Rupees.
Likewise,...
Investment banking and revenue pressures – ways to go
Setting: One of the purposes of any business is to make money. And banking is no exception to this cardinal objective of any business.
Normally the bank’s income portfolio comprises fund based income and fee based income.
Fund based income...
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