50-note

RBI Introduces Rs. 50 banknote in Mahatma Gandhi (New) Series

The Reserve Bank of India (RBI) will soon release Rs 50 denomination banknotes in the Mahatma Gandhi (New) Series, having signature of Governor Urjit...
Banking Awareness

Banking Awareness PDF Capsule updated on June 2017

Dear Aspirants, Here we are providing AC Banking Awareness PDF Capsule for upcoming banking exams like IBPS, SBI, RBI etc and other government exams. Banking awareness...
BHIM - Bharat Interface for Money Application

BHIM – Bharat Interface for Money Application

The Bharat Interface for Money (BHIM) mobile app was launched by Narendra Modi on 30 December 2016 in New Delhi.The BHIM app is dedicated...
List Of Public Sector, RRBs, Private Sector & Foreign Banks

List Of Public Sector, RRBs, Private Sector & Foreign Banks With...

Public Sector Banks S.NO Bank Name Headquarters Tagline/Slogan Chairman/Head 1 Allahabad Bank Kolkata A tradition of trust Rakesh Sethi 2 Andhra Bank Hyderabad Much more to do. With YOU in focus Suresh N Patel 3 Bank of Baroda Vadodara India’s International Bank Ravi Venkatesan(Non-Executive) 4 Bank...
Abbreviations

Important Banking & Finance Abbreviations PDF

Hello Aspirants !!!!!!!!!!!! Abbreviations are commonly asked in IBPS, SBI, RBI, RRB, UPSC and other banking exams.We provided some important abbreviation related to Banking. We...

Special Economic Zones (SEZs)

Special Economic Zones (SEZs) is a geographical region that has economic laws different from a country's typical economic laws. Here different economic laws mean hassle...

National Automated Clearing House (NACH)

The Reserve Bank of India offers the Electronic Clearing System (ECS) for faster payments and collections. ECS is an electronic mode of payment /...

Gold Monetisation Scheme

The Gold Monetisation Scheme enables individuals (households) and institutions to deposit their gold holdings with the banks by earning interest. The deposit is treated...

Types of Pre-paid Wallet Instruments

All people carry wallets, which they use to keep their cash while travelling. But advances in technology have allowed us to create virtual wallets...
Banking Awareness

Banking Awareness

Exams like IBPS and SBI contains banking awareness questions along with general awareness section. Banking part in exams has the questions related to the History of...

Credit Rating Agencies in India

A credit rating agency is a company which rates the debtors on the basis of their ability to pay back the debt in timely manner. They...

Masala Bonds

When any entity wants to raise money or we can say want to borrow money, it can issue bonds worth that value. So, now...

Descriptive Writing : For SBI PO and UIIC AO ( How...

Dear Aspirants, As you all know that SBI PO and IIC AO Both upcoming exams are near.One of the most important part of these Exams...

Unified Payments Interface

Unified Payments Interface (UPI) system is been developed for all retail payments in the country. It has been developed by National Payments Corporation of...

External Commercial Borrowing

An external commercial borrowing (ECB) refers to the loans taken from non-resident lenders i.e. the foreign companies to finance commercial activities in India. ECBs include commercial...

Micro Units Development and Refinance Agency Bank (MUDRA Bank)

Micro Units Development and Refinance Agency Bank (MUDRA Bank) was set up as a public sector financial institution on 8 April 2015 under Pradhan...

Small Industries Development Bank of India

Small Industries Development Bank of India (SIDBI) was set up on April 2, 1990 under an Act of Indian Parliament. It has its head...
NABARD

National Bank for Agriculture and Rural Development (NABARD)

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank for rural areas in India which means that it acts as...

Bharat Bill Payments System

With the increase in e-commerce sites in India, people also like to buy products online and pay for them online only through debit cards,...

State Bank of India

State Bank of India is a public sector banking and financial services company. It has its headquarters in Mumbai, Maharashtra. It has 14 regional...

Immediate Payment Service (IMPS)

Immediate Payment Service (IMPS) is a tool through which one can transfer money instantly within banks across India through mobile, internet and ATMs which...

National Payments Corporation of India (NPCI)

National Payments Corporation of India (NPCI) is an umbrella organization for all retail payments system in India. It was set up with the guidance...

Asian Development Bank

The idea of formation of Asian Development Bank (ADB) was conceived in 1960s with a mission to fight poverty in Asia and the Pacific....

Business Correspondent

The Reserve bank of India along with the government of India work time to time to promote financial inclusion in the country. The idea of...

Securities and Exchange Board of India (SEBI)

The Securities and Exchange Board of India (SEBI) was established in the year 1988 and given statutory powers on 12 April 1992 through the...

Moratorium Period VS Grace Period

Taking credit from a bank or any other lending institution is very common now-a-days. The payment is done back mostly in the form of...

RBI’s Clean Note Policy

In order to increase the life of currency notes, Reserve Bank of India (RBI) issued Clean Note Policy in 2001. According to the policy: The...

All About Panama Papers

We all know about the Swiss Bank case, and the money laundering cases there. Also some time ago Swiss Bank revealed names of those...

History of Insurance in India

Insurance business in India started in the year in 1818 with the establishment of the Oriental Life Insurance Company in Calcutta by Anita Bhavsar....
IRDAI

Insurance Regulatory and Development Authority of India (IRDAI)

Insurance Regulatory and Development Authority (IRDA) was set up as autonomous body under the IRDA Act, 1999. IRDA’s Mission is to protect the interests of...

Types of Insurance

Insurance in India is mainly of two types: Life Insurance and General Insurance or Non-Life Insurance. Life Insurance Life insurance as the name suggests is insuring...

Cross Selling and Up Selling

Cross Selling Cross selling means selling of products/services to an already existing customer. And then if we talk about banks, when they sell any...

Shadow Banking

The term “shadow bank” was coined by economist Paul McCulley in 2007. A shadow banking system is the term used for the non-banking financial companies...

Gyan Sangam – The Bankers’ Retreat

The first of its kind retreat of bankers and insurers held in Pune in 2015 on January 2-3. The major theme at the two-day...
92,191FansLike
Do NOT follow this link or you will be banned from the site!