📝 One-liners · 126 cards

Derivative Products

What is Asset-Liability Management (ALM)?
Discipline of measuring, monitoring, managing asset-liability mismatch to earn spread without losing liquidity or absorbing rate shocks.
Why do banks deliberately run mismatched books?
To capture term-premium by funding longer-duration assets with shorter-duration liabilities and earn interest-rate spread.
What are the two silent killers in banking?
Liquidity risk (cash-flow mismatch) and interest-rate risk (re-pricing/valuation mismatch) from maturity transformation.
Current RBI CRR and SLR rates (April 2026)?
CRR: 3.00% of NDTL; SLR: 18.00% of NDTL.
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