Banking

It’s Time to Put the Savings Accumulated into Use

Savings accounts and term deposits are one of the best known ways to save money and earn more out of it. They are considered...
Rachita K
2 min read

ICICI Bank Launches Money Transfer through Twitter

India’s largest private sector bank, ICICI Bank recently announced the launch of their banking services on Twitter. It is the first of its kind...
Vidhyaa Sree
1 min read

Ease Of Carrying Money – HDFC Bank Digital Wallet

In an attempt to woo its customers HDFC Bank has launched Digital wallet – merchant payment service, which can be used across various online...
Vidhyaa Sree
1 min read

RBI Extends RTGS Timeframe Window

RBI in its recent circular stated that from December 29th, 2014 onwards the RTGS transfer window will be extended from 0800hrs - 2000hrs on...
Vidhyaa Sree
28 sec read

Know Everything About Effective Utilisation of your ATM card

Debit Cards give us the flexibility of not carrying too much cash wherever we go. But where transactions involve the usage of cash, we...
Rachita K
2 min read

SMS Alerts To Stop Cheque Related Forgery

After the recent rise in frauds revolving around cheque related transactions Reserve Bank of India, has made SMS alerts mandatory. Now banks will be...
Vidhyaa Sree
1 min read

Let Your Child Open a Bank Account and Operate…

With the new ruling from Reserve Bank of India (RBI) that restriction is withdrawn. The new directive from the RBI is allowing the children...
Vidhyaa Sree
1 min read

It is prudent to Invest in a Savings Bank…

We have all be eager to see the budget and how it would impact our budget. With the new financial decisions doled out by...
Rachita K
1 min read

Flow of Funds in Indian Financial markets

Introduction During the post-independence period until the early 1990s, the financial system in India was characterized by a heavily regulated framework such as interest...
Lokesh Madan
12 min read

Restriction On Third Party ATM Withdrawals

In a latest report, it was found that the numbers of ATM withdrawals from third party ATMs will come down to three per month....
Vidhyaa Sree
1 min read

Small Banks and Payment Banks Explained

The reserve bank of India has recently announced the draft guidelines on two new types of banks. To achieve the financial targets of the...
Vidhyaa Sree
1 min read

Single Address Proof To Open A Bank Account

Your identity proof is not the first thing anyone asks for, when you meet unknown people for the first time. You say your name...
Vidhyaa Sree
1 min read