BankersClub

Bankers : Villains in the success of Demonetization.

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

8 years ago

Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016

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

8 years ago

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

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

8 years ago

RBI eases norms for online card transactions upto Rs.2000

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

8 years ago

How to send money using *99# (USSD)

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

7 years ago

RBI increases CRR temporarily

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

8 years ago

SBI and PNB may move out from 11th Bipartite Settlement

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

8 years ago

Micro Units – where to cover? CGTMSE or CGFMU

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

7 years ago

Law of Limitation in Banking

Limitation period for recovery of Debt in India is governed by the Limitation Act, 1963. The Limitation Act, 1963 specifies…

7 years ago

RBI FAQs on withdrawal of Rs500 and Rs.1000 notes

1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons,…

8 years ago