Question: What Is On Site Examination?

What is the full form of DBOD?




Department of Banking Operations and Development (Reserve Bank of India).

What is Tranche III?

Financial Contract Definitions “Tranche III Term Commitment” means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to Borrowers in a principal amount not to exceed the amount set forth under the heading “Tranche III Term Commitment” opposite such Lender’s name on Schedule 1.1.

What is onsite and offsite supervision?

Off-site Supervision Department is under the General Directorate of Supervision, whose role is to regularly supervise, monitor, and analyze the operations and review periodic financial reports of banks and financial institutions to ensure compliance with regulatory requirements, and safe and sound banking practices.

What is r return reporting RBI?

foreign exchange from India and affects the position of foreign currency assets or liabilities, is required to be reported to RBI. … A separate R-Return (NOSTRO) and a separate R-Return (VOSTRO) for each currency is required to be submitted irrespective of number of accounts operated upon in that currency.

How do you write a site inspection report?

Take note of the following points if you are preparing a Site Inspection Report:Name of the firm handling the site project work.Name of the site project.Date of inspection.Detail(s) about the inspector.Time of inspection.Weather condition(s)Inspection type (is it weekly, monthly, or yearly inspection?)More items…

How do you conduct a hotel site inspection?

Whether your group is large or small, bring this site inspection checklist with you to set your hotel meeting up for success.Arrange a Meeting with the Hotel General Manager and All Hotel Department Heads. … Negotiate Hotel Contract Concessions. … Inspect the Kitchens and Sample the Menu. … Check Acoustics. … Meet with the AV Team.More items…•

Why should regular inspections of the workplace take place?

Workplace inspections help prevent incidents, injuries and illnesses. Through a critical examination of the workplace, inspections help to identify and record hazards for corrective action. Health and safety committees can help plan, conduct, report and monitor inspections.

What is Feters?

30 dated February 25, 2008, the Reserve Bank of India had issued guidelines to all AD Category-I banks for compilation of R-Returns and reporting under the Foreign Exchange Transactions – Electronic Reporting System (FETERS).

How does RBI control banks?

RBI controls inflation using monetary policy. It controls borrowing rates for banks by setting the repo rate. When RBI wants to control inflation it increases these rates. As a result, banks and other lenders are required to pay a higher interest rate to the Central Bank in order to obtain money.

What are off site examinations?

As it relates to pre-employment testing, offsite testing refers to any time a job candidate takes a test away from a designated testing location or employer’s place of business.

What is off site surveillance?

The primary objective of the off site surveillance is to monitor the financial health of banks between two on-site inspections, identifying banks which show financial deterioration and would be a source for supervisory concerns. This acts as a trigger for timely remedial action.

What is form a3?

Transfer of rupees from/to the account of a non-resident Bank other than transactions. with public in India.

What is Feters RBI?

50 dated February 11, 2016 giving guidelines for compilation of R-Returns for reporting under the Foreign Exchange Transactions Electronic Reporting System (FETERS). 2. … The revised format is for reporting of R-Returns on fortnightly basis (15th and end-month) for forex transactions performed w.e.f. April 01, 2019.

What is risk based supervision?

What is Risk-Based Supervision? … It is a comprehensive, formally structured system that assesses risks within the financial system, giving priority to the resolution of those risks. RBS is often contrasted with rules-based regulation.

What is onsite inspection?

An on-site inspection is a meticulous search of a clearly defined inspection area to gather evidence on whether or not a nuclear explosion has taken place. Radiation protection is a key issue for all on-site inspections. … The State Party subjected to such an inspection cannot refuse to allow it to take place.

What is DSB return?

DSB Returns are statutory returns being called by RBI in exercise of power vested in its u/s 27(2) of Banking Regulation Act. Non-submission or wrong reporting in these returns attracts penalties as specified in Section 46 of the act.