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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...

11th Bipartite Settlement Current Status & Updates

` 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...

Highlights of Union Budget 2018

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,...

World’s Top 20 Largest Banks

On Tuesday, 11 April 2017 S&P Global Intelligence published its ranking of the world's largest 100 Banks by assets. Chinese banks dominating the list with top 4 Banks, followed by Japanese Banks,...

6 Best Ways to do Cashless Transactions – Safely

After demonetization in India, there has been a huge cash crunch noticed due to less availability of Rs.2000 and Rs.500 notes in the market. To cope up with this issue, government is...

How to transfer money using UPI?

Before discontinuing his services, the former RBI governor, Mr. Raghuram Rajan had given the citizens of India -  a parting gift which converts our Smartphones into a Bank using UPI (Unified Payment...

Decoding RBI monetary policy to be announced on 07 December 2016

Three days after demonetization on 08 November 2016, RBI had come with a measure to suck out liquidity from banks. There had been a deluge of deposits in banking system which is...