Tuesday was a day of break out with a major decision to demonetize Rs 500 and Rs 1,000 currency notes. After a surprise announcement of banning the circulation of currency notes, Narender Modi, all excited to fight against Black money. It's like the circulation of currency notes, Narender Modi, all excited to fight against Black money. It's like sword hanging...
Banking Awareness
Financial Inclusion In India
shikha
shikha
February 3, 2016
An act of offering financial services to a weaker section or low income bearing parts of the community at an affordable cost is known as Financial inclusion. This works in the counterpoint of financial exclusion where such finance-related services are out of range or unavailable.       Guidelines on Financial Inclusion: From “One District to many Banks” model has...
Banking Awareness
What are NBFCs
shikha
shikha
December 3, 2015
>>CLICK HERE TO DOWNLOAD PDF FILE..  NBFCs (Non-Banking Financial Companies) trend is emerging these days. It is not a bank, don’t bear a banking license at all! Even though most of our populace is going behind these Financial companies. What is peculiar about these NBFCs? What it can do and what not? Let’s see… Non- Banking Financial Companies are financial...
Banking Awareness
The Payment System in India
shikha
shikha
November 2, 2015
>>CLICK HERE TO DOWNLOAD "The Payment System in India" PDF.... In Banking, the online payment system is a very important concept from the examination point of view. The Payment system in India usually offered by Banks for online money transfer in inter or intra Banks within the country.  RBI has given a huge list of Banks which are offering Online money transfer facilities....
Banking Awareness
Business Banking
shikha
shikha
October 12, 2015
Business Banking is also known by the term ‘Commercial banking’ comes into centers when the banks or the division of a bank starts dealing with businesses. In the past times, Investment banks and commercial banks were divided into their set of entities, however the ‘Glass-Steagall Act’ is also familiar as the "Banking Act of 1933" has opened all the barriers letting investment...