State Bank of India (SBI) Probationary officer PO Interview Schedule 2011

State Bank of India has declared the scheduled date of Interview for the Probationary officer exam held in 2011. Click on the below link to view your interview schedule.
https://www.sbi.co.in/user.htm?action=sbipointerviewschedule

Visit the following link to view your result of State Bank of India PO exam 2011

http://ibpsbankexam.blogspot.com/2011/11/state-bank-of-india-sbi-probationary.html

Banking Glossary (I)

Installment Loan
	A loan that you promise to pay back by paying the same amount of money on a regular basis, usually monthly, for a specific period of time. (Eg : EMI loan).
Interest
	Interest is the periodic amount credited / debited to a deposit / loan account by a Bank based on accepted agreed terms and conditions by the depositor and the Bank / the loanee and the Bank. Interest is calculated at a specified percentage of the principal amount.
Interest and Principal Certificate
	A certificate issued for the loan confirming the details of the interest paid and principal repaid for a completed financial year.
Interest Category
	This refers to the interest category of the loan that was sanctioned by the Bank. The interest category is allocated by the Bank based on the customer's request.
	Variable (Floating)
	The interest rates of the loans sanctioned under variable interest rate category will be changed during the tenure of the loan at specified intervals (see floating rate).
	Semi Fixed
	The interest rates of the loans sanctioned under semi fixed interest rate category remains fixed for the period 'stipulated' by the Bank in the terms and conditions of the agreement and / or sanction letter. After the said period, the loan will be re-priced as agreed to specified.
	Fixed
	The interest rates of the loans sanctioned under fixed interest rate category remain fixed throughout the tenure of the loan.
Interest Rate
	The rate paid on an interest-bearing account, such as savings and term deposit, also the rate charged on a loan or line of credit. Different types of accounts and loans pay or charge different rates of interest. Interest rate is specified in percentage term alson with periodicity of calculation (say 8% per annum)
Internal Capital Adequacy Assessment Process (ICAAP)
	In terms of the guidelines on BASEL II, the banks are required to have a board-approved policy on internal capital adequacy assessment process (ICAAP) to assess the capital requirement as per ICAAP at the solo as well as consolidated level. The ICAAP is required to form an integral part of the management and decision-making culture of a bank. ICAAP document is required to clearly demarcate the quantifiable and qualitatively assessed risks. The ICAAP is also required to include stress tests and scenario analyses, to be conducted periodically, particularly in respect of the bank's material risk exposures, in order to evaluate the potential vulnerability of the bank to some unlikely but plausible events or movements in the market conditions that could have an adverse impact on the bank's capital.
Introductory Rate
	The Annual Percentage Rate (APR) applied for a specific introductory period. The intro rate is usually lower than the regular APR. After the introductory period is over the rate switches to the regular APR.
Inward Remittances
	Fund received through banking channels electronically or otherwise for credit to a designated identifiable account.

Banking Glossary (H)

Half Year
	A period of 182 days if computed in days or six complete calendar months.
Held Till Maturity (HTM)
	The securities acquired by the banks with the intention to hold them up to maturity.
Held for Trading (HFT)
	Securities where the intention is to trade by taking advantage of short-term price / interest rate movements.
High Cost Deposit
	Deposits accepted above card rate (for the deposits) of the bank.
Hire Purchase Price
	The total money to be paid by the hirer under the hire-purchase agreement so as to complete the purchase of vehicle / machinery / goods etc.
Hirer
	The person who takes the good on hire. If you purchase a car under hire-purchase agreement with a finance company, then you become the hirer.
Home Branch
	The branch where customer has opened his account after due compliance with KYC norms.
Household Income
	Income from all sources including wages, commissions, bonuses, dividends and interest of the members of a family.
Hybrid Debt Capital Instruments
	In this category, fall a number of capital instruments, which combine certain characteristics of equity and certain characteristics of debt. Each has a particular feature, which can be considered to affect its quality as capital. Where these instruments have close similarities to equity, in particular when they are able to support losses on an ongoing basis without triggering liquidation, they may be included in Tier II capital.
Hypothecation
	Hypothecation is a charge that is created on movable asset as security for a debt. However, the ownership as well as possession of the asset is retained with the borrower.

Banking Glossary (G)

Guarantee
	A legal contract in which a person (termed as guarantor) agrees to become liable for repayment of loan taken by another person (termed as primary borrower) subject to the condition that the primary borrower must be legally bound to repay the debt.