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CRR vs SLR Not many people, except those who are in banking industry or are students of economics know about terms like CRR and SLR. This is because theses are financial instruments in the hands of apex bank of India, the RBI (Reserve Bank of India), to control liquidity available to commercial banks. Thus, despite... 
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Maharatna vs Navratna Status for PSE The title of Navratna was initiated by the government of India in 1997 to recognize and appreciate the efforts of public sector companies that were doing exceedingly well. The concept of Navratna came from 9 gems in the courts of maharaja Vkramaditya and later Emperor Ashoka,... 
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RTGS vs NEFT If you are an Indian, you know how troublesome it was to send money to another account in India earlier. But today, with technologies such as RTGS and NEFT being in place, it is fast, easy and simple to transfer funds electronically. Though, both are electronic fund transfers, there are some differences... 
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RTGS vs SWIFT Those who are close to banking industry know about the acronyms SWIFT and RTGS very well. In fact, in modern times when transfer of funds from one bank to another, not just nationally but internationally has become commonplace, people are talking and using these technologies on a much regular basis.... 
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RBI vs SEBI RBI is the central bank of India whereas SEBI is the Securities and Exchange Board of India. Both of them play vital role in Indian economy. RBI is the body responsible for maintaining bank notes in the country, to keep currency reserves to maintain monetary stability and to keep the credit and currency... 
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RBI vs SBI Reserve Bank of India (RBI) is the country’s national bank. It was established in 1935 under the recommendations of the Royal Commission on Indian Currency and Finance. RBI took over control of currency and credit from the government and with the introduction of the RBI Act 1934, the bank became... 
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SBI vs ICICI At first glance trying to compare SBI with ICICI would look like comparing a grand old man with a toddler. But the rapid progress made by ICICI, a private bank opened barely 25 years ago, makes it possible to be compared with the oldest bank in India. SBI (or State Bank of India) is a goliath in... 
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NBFC vs MFI India is a huge country with a large population. Banks, despite having increased their presence have certain limitations as they cannot open branches in remote and inaccessible places. This is why to meet banking requirements of the people, there are many NBFC and MFI operating mainly in rural parts... 
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NBFC vs Bank In a country like India with a huge population, it is impossible for banks to cater to all sections of the society as many areas are inaccessible and remote. Also, to provide banking facilities to the illiterate and the poor, finance institutions that work on similar lines as banks are required.... 
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Public Sector Bank in India vs Private Sector Bank in India It is a surprise that we are today talking about differences between public sector banks and private sector banks in India. Banks in India remained private till 1969 when the then Prime Minister of India, nationalized all of them through an act of the... 
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MIBID vs MIBOR MIBOR stands for Mumbai Inter Bank Offered Rate, and serves the same purpose as LIBOR in London City. MIBID is the bid rate as against the offer rate. Indian government set up a committee for the development of debt market. This high powered committee suggested setting up inter bank rates on the... 
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Indian Banks HDFC vs ICICI HDFC and ICICI are two names that stand apart among others when we talk of private sector banks in India. Both are fairly successful banks giving stiff competition to government banks. The reason of their success lies in the fact that both have introduced a greater efficiency of services... 
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Infosys vs Wipro Infosys and Wipro are two of the leading IT service providers in India. When it comes to information technology in India, three names stand out among others, Infosys, Wipro, and TCS, and not necessarily in that order. For those aspiring to have a career in IT sector, these three are the companies... 
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Infosys vs TCS Infosys and TCS are two giants in the IT industry of India. In the last decade or so, information technology services have shown an exponential growth in India because of skilled manpower and also because of the presence of two giants in this sector, namely TCS and Infosys. While TCS is older and... 
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India’s Stock Exchanges NSE vs BSE NSE and BSE are two terms that are often heard in the stock market circles in India. There are some differences between the two in terms of their functioning and principles. NSE stands for National Stock Exchange whereas BSE stands for Bombay Stock Exchange. NSE happens... 
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BSE vs NIFTY BSE and Nifty are related to stock exchanges in India. BSE means Bombay Stock Exchange while Nifty refers to the National Stock Exchange Index (NSEI). BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) are the largest stock exchanges in India and most trading are done with them. The big... 
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