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Core Banking Systems (CBS) refers to a standard IT solution wherein a central shared database supports the whole banking application. The characteristics of CBS are: There is a standard database …

Canara Bank RTGS: The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is Rs 2 lakh. Canara Bank RTGS Form, Rules, Timing, Charges & How…

BOI loan against property: Bank of India offers Loan Against Property starting at interest rate of 10.50% which is one of the best mortgage loan rates in India. Current 1 Year MCLR benchmark rate is…

Secondary Functions of Bank: The primary function of banks is to act as intermediary between savers and producers. They collect savings from people and lend them for productive purposes. Apart from…