Kotak Mahindra Bank Security Supervisor Interview Questions and Answers

CASA stands for Current Account and Savings Account. It refers to the deposits made by customers in a bank.

• CASA is a type of bank account where customers can deposit their money.

• It includes both current accounts and savings accounts.

• CASA deposits are considered to be low-cost funds for banks.

• Banks offer higher interest rates on savings accounts to attract more customers.

• CASA ratio is an important metric for banks to me...read more

Clearing is the process of settling financial transactions between banks. RTGS is a real-time gross settlement system used for large value transactions.

• Clearing involves the exchange of financial instruments between banks to settle transactions.

• RTGS is a system used for high-value transactions that are settled in real-time.

• Clearing and RTGS are important for ensuring the smooth functioning of the financial system.

• Examp...read more