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Nostro Account

An account that a bank holds in a foreign currency in another bank. Nostro accounts are used for payment services...

Normative Equity

A measure of a bank's equity that is considered at or within standard level(s) as per specific norms (such as...

Non-Viability Event

The occurrence of either of two situations, whichever earlier:  1) a regulator decides that it is necessary to write down...

NBFI

It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...

Non-Bank Financial Institution

A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...

Non-Bank

A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...

NTD

It stands for nontransferable deposit; a deposit (with a bank or financial institution) that is not, or cannot be, used...

Nontransferable Deposit

A deposit (with a bank or financial institution) that is not, or cannot be, used to make payments to other...

Non-Transferable Deposit

A deposit (with a bank or financial institution) that is not, or cannot be, used to make payments to other...

NII

It stands for net interest income; the difference between the interest income a bank or a lending institution earns from...