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RBI Measures to Control Money Depreciation

Money depreciation indicates the economic degrowth of the country. In simple words, the value of the India Rupee has fallen by a certain percentage compared to the US dollar. It is a...

Jansamarth Portal – All you need to know

Government of India launched Jansamarth Portal, the first digital portal in India which links all types of lending schemes sponsored by Government Of India in one portal. Here, anyone can apply for...

Facts To Know About Public Sector Banks Of India

Public Sector Banks (PSB) are those banks where more than 50% of shares are held by the Ministry of finance Of the Government of India. Public Sector Banks play an important role...

RBI directs banks on Cardless cash withdrawals at all ATMs

The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs. In accordance with the RBI's notification dated May 19, 2022,...

What is EASE 4.0?

Ease 4.0 (Enhanced Access and Service Excellence) is launched on 25th August 2021 by Finance Minister Nirmala Sitharaman. It is a reform agenda for Public Sector Banks to institutionalise clean and smart...

SUKANYA SAMRIDDHI ACCOUNT – Central Government Program for Daughters

Sukanya Samriddhi Account: Sukanya Samriddhi Yojana (SSY) is a scheme started for daughters. By investing in this government scheme, parents can ensure their daughter's golden future along with saving. Sukanya Samriddhi Account...

Privatization of PSU Banks in India

Finance Minister Nirmala Sitharaman announced that along with IDBI bank, the government proposed to take up privatization of two public sector banks and one General Insurance company. Privatization is happening after 51...

Centralized Positive Pay (CPPS) from 1st Jan 2021

In the recent past, it has been observed that incidence of Non Borrowal Frauds are in rise. Most of the frauds are done through cloned cheques, making alteration in the original cheque,...

Why #5DaysBanking was Trending on Twitter at No. 1

In the last few days, Twitter was trending with the hashtag #5DaysBanking. The trend attracted many eyeballs in the country and made people ponder what's happening on the Banking front. Bankers from...

UPI AutoPay for All Your Recurring Bill Payments

Digital transactions have become quite crucial in our economy, lately. It allows us to pay bills without the hassle of carrying a lot of cash. Unified Payments Interface (UPI) is one of...