Banking

To fulfil the financial requirement of the enterprise, the business person should identify the purpose…

Charge denotes an impediment over the title of the property, i.e. when the charge is…

Internet Banking or otherwise known as online banking is among the convenient e-banking modes, which…

Banks are termed as the financial institutions, which act as intermediaries between depositors and borrowers.…

Banks implies the financial institution that takes public deposits and extends credit to those who…

In the fast-paced world, with the change in information and communication technology, banks are also…

Commercial banks offer services to the general public, but there are some banks which offer…

Banking refers to a business activity in which the entity accepting deposits from the customers,…

Cheque refers to a bill of exchange, which contains an unconditional order to the bank…

Difference Between Fiat Currency and Cryptocurrency

Commercial Bank is the bank organized to perform public utility banking services, such as accepting…

Retail banking model is designed for the general public, with bank branches set up at…

Bearer cheques are the ones on which payment is made to the bearer, i.e. the…

Commercial banks are mandated to hold a fixed proportion of their average cash balance, as…

The two Liquidity Adjustment Facility with the Central Bank are – Repo Rate and Reverse…

In our monetary policy rate series, we have already discussed the CRR and SLR, Repo…

Repo Rate or repurchase auction rate is one at which the Reserve Bank of India,…

An ATM card is a payment card, issued to the customers on request by the…

When you spend money using your credit card, this means that you are not using…

We are all acquainted with banking terms, as we encounter them almost daily, especially after…

Cash Credit (CC) is a loan account opened by the customer with the bank. The…

‘Cheque‘ is an instrument which contains an unconditional order, drawn on a banker, directing to…

In any country’s financial sector, banks play a crucial role in the overall economic development,…

Money is an essential element for any business, because it fulfills the short term and…

When it comes to savings, every person wants to earn high returns on its deposits.…

With the advancement of technology, digital money transfer system is gaining popularity because of its…

There are end number of facilities provided by the banks to its customers, apart from…

SWIFT stands for Society for Worldwide Inter-bank Financial Telecommunication, which is a cooperative non-profit organization,…

There are end number of transactions occur in the normal course of business, where in…

Non-Resident Indian (NRI) is an Indian national who, for the time being, leaves India for…

Charge Card and Credit Card are the two types of cards, which are commonly juxtaposted…

Based on the work performed by the banks, the financial industry is bifurcated into two…

Credit union refers to financial cooperative, which is a non-profit entity. It allows its members…

The cheque is just like a paper leaf, containing an order to the bank to…

Banker’s Cheque or say pay order is an instrument, generally non-negotiable, issued by the bank…

Bank Rate and Repo Rate are the tools of RBI, which helps to control the…

Banks can be described as the financial intermediary, amidst the borrowers and depositors and provides…

While banks and non-banking financial companies (NBFC) both are key financial intermediaries, that offer almost…

Do you want to transfer funds? There are many modes to transfer funds electronically, which…

One of our common misconception about the two payment processing giants, Visa and MasterCard is…