Knowledge Hub
Scribbled Currency Notes are Legal Tender : RBI
There were rumors in the public that new currency notes of denominations of Rs.500 and Rs.200 having something scribbled on…
Clean Note Policy by RBI
Salient Features of Clean Note Policy by RBI: Do away with stapling of note packets Introduce banding the packets with…
6 things to know about Bharat QR payment method
1. Who are behind the Bharat QR code MasterCard, American Express, National Payment Corporation of India (NPCI) and Visa have…
How to pay using Bharat QR Code?
The latest initiative to promote digital transaction, Bharat QR Code platform has been launched for making payment directly through bank…
CGTMSE Cover Limit increased to Rs.2 Crores
On 31st December 2016, Prime Minister announced that coverage under Credit Guarantee Scheme will be increased to Rs.2 crores. Till…
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…
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…
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…
Difference between Consortium Banking and Multiple Banking
Difference between Consortium Banking and Multiple Banking is explained in this article What is Consortium Banking or lending under Consortium…
Priority Sector Lending
There are some sectors of the economy, which may face difficulty in getting timely and adequate credit. To facilitate these…