Latest Stories

Bank strike Call on 28th and 29th March across the nation

Bank Strike: To protest against the alarming rate in the increase of anti-people, anti-worker, anti-farmer policies taken by the government, the entire working class of our country has come forward willingly to...

Russian Banks On The Edge Of Crisis

Russia was scrambling Monday to avoid a financial disaster as its economy was slammed by a slew of crippling Western sanctions announced over the weekend in reaction to Ukraine's invasion. President Vladimir Putin...

ASBA — Application Support By Blocked Amount

ASBA -Application Support By Blocked Amount: In the past few years, the regulator SEBI has been taking many measures to make investing more transparent. The introduction of ASBA in Sept. 2008 was...

Mudra Loan – All You Need to Know

'Micro-Units Development and Refinance Agency' is commonly termed as MUDRA. The Mudra loan scheme is offered under the Pradhan Mantri Mudra Yojana (PMMY). It was launched way back on April 8, 2015,...

Central Bank Digital Currency (CBDC) – All you need to know

In this post, you'll learn and understand all about Central Bank Digital Currency (CBDC) which is similar to cryptocurrency, that you already read in our last post. What Is a Central Bank Digital...

Cryptocurrency – All you need to know

Does the concept of trading amaze you? If yes, you would like to encounter 'Cryptocurrency,' the most highlighted phrase of recent times. Let's discover more about Cryptocurrency. An interesting fact: The first-ever...

PPS (Positive Payment System) – All you need to know

A positive Payment System is popularly termed a PPS system. The scheme primarily aims to protect the bank customers against large-value cheque frauds, which is considered the topmost priority of almost all...

Extension of term of office of the three MD & CEOs and ten EDs in Public Sector Banks

The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for extension of term of office of the following three MD & CEOs and ten...

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...

Finance Minister met with Public Sector Banks

Today on 25th august Finance Minister Nirmala Sitharaman met with MD and CEO of Public Sector Banks(PSBs). Meeting was scheduled to review the financial performance of Public Sector Banks.It is an initiative...