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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

7 years ago

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…

7 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

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

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…

7 years ago

Priority Sector Lending

There are some sectors of the economy, which may face difficulty in getting timely and adequate credit. To facilitate these…

7 years ago