Viral Acharya: New RBI Deputy Governor

8 years ago

Dr. Viral V. Acharya has been appointed as new Deputy Governor of RBI, who will join on January 20, 2017.…

Bankers : Villains in the success of Demonetization.

8 years ago

On 8th November, 2016, PM Modi suddenly announced scrapping of 500 and 100 notes and entrusted the responsibility to bankers.…

Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016

8 years ago

The Government of India announced the “Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS)”. This Scheme is applicable to every declarant…

Don’t Stand in Bank Queue, get token from your Mobile

8 years ago

Fed up with standing in Bank Queues? Wouldn't it be great if you visit the branch only when it is your…

RBI eases norms for online card transactions upto Rs.2000

8 years ago

RBI has relaxed norms for making online transactions through Cards. So you are not required to authenticate your transaction on uber/…

How to send money using *99# (USSD)

7 years ago

After the announcement of demonetization by PM Modi, need for going cashless and digital has increased. Today, there are various…

RBI increases CRR temporarily

8 years ago

With the withdrawal of the legal tender status of ₹ 500 and ₹ 1,000 denomination bank notes (Specified Bank Notes…

SBI and PNB may move out from 11th Bipartite Settlement

8 years ago

According to media reports, State Bank of India and Punjab National Bank are exploring possibilities to move out from 11th…

Micro Units – where to cover? CGTMSE or CGFMU

7 years ago

Guarantee cover for manufacturing and service Mudra Units is available under CGFMU as well as CGTMSE eligible. So, from where…

CRR, SLR, Bank Rate, Repo Rate etc.

8 years ago

Bank Rate Rate at which RBI lends to commercial banks. This tool is used by central bank for short-term purposes. Increase…