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...
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,...
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: 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...
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...
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,...
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...
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...
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While the world is totally concentrated and coming together on coping up with the Coronavirus outbreak, the leaders of the bank unio are coming together to make their ends meet. As per...
Today, 01 February 2018, the Finance Minister of India, Mr. Arun Jaitley presented the Union Budget for the fiscal year 2018-19 in the parliament. The budget seems to be primarily focused on Rural,...
