Banking

Banks balance sheets contain certain unusual items when compared to others. We shall have an over view of the same. Know more about Important Items of Banks Balance Sheets from below. Liabilities Side of Bank Balance Sheet Share…

Small Finance Bank (SFB): Basic objectives of setting up of small finance banks are : To promote financial inclusion through “(a) provision of savings vehicles, and (ii) supply of credit to small business units; small and marginal farmers;…

Banking is an integral part of the modern economy. But the nature and functions of modern banks have evolved over a long period of time. The idea of banking evolved with the idea of money.Banking business is mainly linked to lending.…

ICICI Bank NEFT Form: With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach…

SBI Secure OTP App Queries & Solutions, State Bank Secure OTP App - FAQ. "State Bank Secure OTP App" is an OTP generation App for Internet Banking transactions (INB) done through Onlinesbi and State Bank Anywhere App which can be…

NEFT FAQ's, NEFT Frequently Asked Questions: National Electronic Funds Transfer is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically…

Unified Payment Interface (UPI) transaction takes place directly from bank to bank. In contrast, digital wallets act as an intermediary between bank accounts. There are many ways of online payment and money transfer. UPI and…

A commercial bank is a financial intermediary. It accepts the deposits from the surplus units and lends these financial resources to the deficit units. Commercial Banks play a very prominent role in the financial system of an economy. Now…

Powers of RBI: Reserve Bank derives extensive powers under RBI Act as well as Banking Regulation Act, to regulate and supervise various banks in India. An over view of important powers of RBI are given as under: Powers of RBI Under…

Bad Bank: The name of this bank is 'Bad', so why is it being described as good for banks?. The Indian Banks Association (IBA), an institution of banks, proposed to the Finance Ministry and the Reserve Bank of India on May 12 that a bad…

SBI UPI App 2021 - BHIM SBI Pay: UPI, Recharges, Bill Payments, Food. 'BHIM SBI Pay’ (UPI App of SBI) is a most innovative payment app that allows any Banks’ customer to send or receive money to/from any other Banks customer using a single…

How to get your Free Credit Score & Annual Credit Report online? | CIBIL Score 2019. Imagine yourself as a bank or any lending institution and keep disbursing the loans to your customers belonging to different walks of life. As you…

NEFT: With the availability of integrated technology consisting of computers and communication facilities, distances no longer remain a constraint in providing better customer service and expediting the funds transfer mechanism. EFT…

Protect yourself against Phishing and Vishing: We have taken all efforts to protect our customers from fraudulent practices such as Phishing and Vishing, however our efforts can be much more effective if you join hands with us to protect…

Non banking financial companies (NBFC). All About NBFC. While discussing about banks and other financial institutions we used to hear about Non banking financial institutions. Here I'm going to discuss a few lines about NBFC's. Non…

Axis Bank NEFT Form 2020: National Electronic Funds Transfer (NEFT Online Funds Transfer to other banks). With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across…