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banking terms

By Victor S. Fischer
  ✍️ CRR Cash Reserve Ratio is the minimum fraction of total deposits of a bank’s customers that banks have to hold as reserves with the central bank. ✍️ SLR Statutory Liquidity Ratio is the ratio of liquid assets to the net demand and time liabilities. ✍️ LAF Liquid Adjustment Facility is a tool to allow banks to borrow money through repurchase agreements. It consists of repo and reverse repo operations. ✍️ MSF Marginal Standing Facility allows scheduled banks to borrow funds overnight from RBI against approved government securities. ✍️ MSS Market Stabilization Scheme is a monetary policy intervention by RBI to withdraw excess liquidity by selling government securities in the economy. ✍️ OMO Open Market Operations refers to the buying and selling of government securities in the open market so as to expand or contract the amount of money in the banking system. ✍️ REPO Repo...
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Idioms And Phrases

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1.White elephant - Very expensive but of no use.

2.Shoulder to Shoulder - Very fast friend or relative in difficult time.

3.Play Ducks and Drakes - To Waste money onworthless articles.

4.Mother Wit - Common sense.

5.Long in the Tooth - Old people (or horses).

6.In Like Flynn - To be easily successful, especially when sexual or romantic.

7.High on the Hog - Living in Luxury.

8.Give Him The Slip - To get away from. To escape.

9.Every Cloud Has A Silver Lining – Be optimistic, even difficult times will lead to better days.

10.Dry Run - Rehearsal.

11.Buy A Lemon - To purchase a vehicle that constantly gives problems or stops running after you drive it.

12.Back Seat Driver - People who criticize from the sidelines, much like someone giving unwanted advice from the back seat of a vehicle to the driver.

13.A Doubting Thomas - A skeptic who needs physical or personal evidence in order to believe something.

14.A Dime A Dozen - Anything that is common and easy to get.

15.Charley Horse - Stiffness in the leg / A leg cramp.

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By Victor S. Fischer

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