Knowledge Hub

Credit Guarantee Fund for Micro Units (MUDRA)

Credit Guarantee Fund for Micro Units (CGFMU) was notified by Govt. on 18th April 2016 and has been made effective…

6 years ago

Loans and Advances against Shares, Debentures and Bonds – RBI Guidelines

Advances to individuals As per RBI guidelines, Banks may grant advances against the security of shares, debentures or bonds to…

6 years ago

Publish photographs of only Wilful Defaulters – RBI

Reserve Bank of India, on 29th September, 2016 directed banks and financial institutions to publish photographs of only wilful defaulters…

6 years ago

How to Verify geniuneness of Income Tax Returns

Income Tax Return (ITR) is the first thing banks asks for after KYC documents for any type of loan. The…

6 years ago

How to know someone’s PAN number?

PAN or Permanent Account Number although primarily issued for Income Tax purpose but is necessary for many transactions and occasions.…

6 years ago

How to Verify PAN online or Know PAN Details & ITR

KYC is an important process in Banks and one of the important document submitted by customer is PAN (Permanent Account Number).…

6 years ago

What is KYC and Why KYC is important for Banks

KYC or "Know your customer" is a regulatory and legal requirement. KYC is important to prevent identity theft, financial fraud, money…

6 years ago

File Charge with CERSAI for Movable & Intangible Assets also

Charge on stocks & book debts machinery is also required to be filed with CERSAI. CERSAI, vide their notification dated…

6 years ago

List of Finacle Commands

Looking for Financle Commands used for banking? Finacle is one of the widely used CBS package in banking Industry, which is…

6 years ago

NRO Account – Joint holding with residents

FEDAI has issued guidelines regarding joint holding in NRO accounts with residents.  The guidelines have been issued by FEDAI based…

6 years ago