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	Garnishee Order and Attachment Order
	Garnishee means a debtor to the debtor. Garnishee order is an attachment order of the court under section 60 of CPC 1908 (Order XXI and Rule 46) at the request of a creditor to attach his debtor’s fund in the hand of garnishee (bank holds the deposit balance of the debtor so bank is here garnishee).Attachment order is issued by Government authority for recovery of Govt. dues, revenue or tax. Read
	By: \| 27 Jul 2010\| Bankers Study Material::Banking Law and Practice\| View 34

	Indian Rupee special symbol approved by government
	The symbol of the Indian currency approved by Government of India after a long scrutiny and scanning over 3,000 entries, which will differentiate it from currencies used in countries such as Pakistan, Nepal, Sri Lanka and Mauritius. Read
	By: Source: Business Standard\| 16 Jul 2010\| Indian Banking::Corporate\| View 36

	Education Loan : Banks General Scheme for Study in India and Abroad
	Education is central to the Human Resources Development and empowerment in any country. National and State level policies are framed to ensure that this basic need of the population is met through appropriate public and private sector initiatives. While government endeavour to provide primary education to all on a universal basis, higher education is progressively moving into the domain of private sector. With a gradual reduction in government subsidies higher education is getting more and more costly and hence the need for institutional funding in this area. Read
	By: Source : IBA\| 25 Jun 2010\| Advances (Loan)::Education Loan\| View 123

	What is Base Rate : BR?
	The base rate, which will replace the current system of benchmark prime lending rate, would improve transparency. The BPLR system has been drawing flak from various quarters since banks have been lending to highly-rated corporates below their benchmark rate, making the system irrelevant and opaque. Read
	By: Amit\| 24 Jun 2010\| Indian Banking::Interest Rate\| View 200

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