Base rate refers to the minimum interest rate that a commercial bank must charge on loans and advances to its customers. The base rate is typically set by a country’s…

BASEL refers to the Basel Committee on Banking Supervision, which is an international forum of banking regulators that was established in 1974 by the central bank governors of the Group…

Mediation is a process of resolving disputes between two or more parties with the help of a neutral third party known as a mediator. The mediator’s role is to facilitate…