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Founding and Mission The World Economic Forum (WEF) is an independent international organization founded in 1971 by Klaus Schwab. The WEF's mission is to improve the state of the world by engaging business, political, academic, and other leaders of society to ...

Overview NATO, or the North Atlantic Treaty Organization, is an intergovernmental military alliance consisting of 30 countries from North America and Europe. Its fundamental goal is to safeguard the freedom and security of its member nations through political ...

Definition Globalization is the process of increasing interconnectedness between countries and people around the world. It is often seen as a positive force, as it can lead to increased trade, investment, and cooperation. However, globalization can also have n...

Mission and Approach CARE is a humanitarian organization founded in 1945 that focuses on addressing global poverty and social injustice. Its mission is to alleviate human suffering and fight against poverty by empowering communities and individuals to overcome...

Mission and Approach Greenpeace is a prominent international environmental organization founded in 1971. Its mission is to confront environmental issues and promote solutions for a greener and more sustainable world. Greenpeace operates under the principles of...

Overview The International Red Cross and Red Crescent Movement is a global humanitarian network dedicated to providing assistance, protection, and support to people affected by disasters, conflicts, and emergencies. It consists of various organizations, with t...

Overview Oxfam is a confederation of independent charitable organizations that collaborate to combat global poverty and social injustice. Founded in 1942, Oxfam is renowned for its focus on development and humanitarian aid, as well as its advocacy for systemic...

What is it? The World Health Organization (WHO) is a specialized agency of the United Nations established in 1948. Its primary mandate is to promote and protect global health, provide leadership on international public health issues, and coordinate efforts to ...

Financial institutions are intermediaries that facilitate monetary transactions between lenders and borrowers. They are crucial to the functioning of the economy, as they provide a range of services to individuals and businesses. These services include accepti...

Banking is a fundamental component of the economic framework of any country, deeply intertwined with both the trade sector and the personal finances of individuals. It encompasses an industry that deals with credit, cash, and a variety of financial transaction...

Commercial banks are also known as business banks or corporate banks. They are different from investment banks, which primarily deal with raising capital for businesses and governments. Commercial banks are also distinct from central banks, which are responsib...

Cooperative Banks in India encompass a range of financial institutions that operate within the cooperative sector, each serving specific financial needs of their members and communities. They are significant players in the Indian banking landscape, especially ...

Commercial banks are the most common type of financial institutions. They accept deposits and provide security and convenience to their customers. By accepting deposits, they mobilize savings in the economy.In India, private sector banks are regulated by the R...

Non-banking financial institutions (NBFIs) play a crucial role in the Indian economy, complementing traditional banking services in several ways. These institutions, while not holding a full banking license and therefore not permitted to accept deposits from t...

Portfolio Management (PM) A portfolio is a group of financial assets, including stocks, commodities, bonds, cash equivalents, mutual funds, exchange-traded funds, and more. Portfolio management involves making decisions about these investments, their appropria...

Insurance is a social device for spreading the chance of financial loss among a large number of people. It allows an individual to share risk with others, reducing the potential for disastrous financial consequences. The essence of insurance is the sharing of ...

SIDBI (Small Industries Development Bank of India) Establishment: April 2, 1990, under an Act of Indian Parliament. Primary Role: Acts as the Principal Financial Institution for the Micro, Small and Medium Enterprise (MSME) sector. Coordinates functions of ...

1. Regulatory and Supervisory Authority Banking Sector: RBI is the primary regulatory authority for banks in India. It issues guidelines for banking operations, sets reserve requirements, and monitors the banking sector's stability and soundness. Non-Bankin...

Financial services provided by institutions can primarily be categorized into fund-based and fee-based services. The distinction is crucial as it underpins the nature of the financial engagement between the institution and the client. Below is a more detailed ...

Introduction to Banking Banking is a financial system that accepts deposits from the public, creates credit, and lends money to borrowers. It operates under a well-defined set of regulations to ensure the safety and stability of the financial system. Tradition...