Do you know what a Payment Bank is? Do you know how they are different from regular retail banks? Well, the answer is simple, payment banks are basically the banks that are allowed to accept a deposit of up to Rs 1 Lakh and at the same time, payment banks are not allowed to issue […]
Read More
India is one of the fastest-growing economies in the world. The well-organized banking sector is one of the key factors that sustain such notable growth of the economy. This growing tendency of the Indian economy has attracted many international companies and nations to invest in India. With such international investment coming in, the country needs […]
Read More
Banks play a very important role in building and stabilizing the economy of a country. In our country, for a bank to function legally, it has to acquire a license from the Reserve Bank of India. Private Banks are one such type of banks. The majority stakes of private banks are owned by a private […]
Read More
What is a credit card? Well, it’s just a small rectangular plastic card just like the ATM cards. A credit card makes life easy by enabling its customers to purchase products or any other services on credit. The credit amount can be returned at the end of every month either as full credit amount borrowed […]
Read More
India is a nation with a population of more than 120 crores. A good economy is the backbone of every nation and a good economy is only possible with careful and efficient economic planning. When it comes to the economy, a bank is one of the most important institutions that play a good role in […]
Read More
Banks are the backbone of a country’s economy. It alone keeps the country stable and helps in the development of the country. In India, 70% of the financial transaction is done through banks. All the banks in the country are centrally monitored and controlled by the Reserve Bank of India. In the beginning, there were […]
Read More
Technology has changed the way we used to carry out banking transactions. From ordering Cheque books to sending money instantly, all is possible with help of internet banking. You can make investments online and you can virtually apply or avail any service. This is how internet banking has impacted our lives. We all have login […]
Read More