What is E-banking?
E-banking is known as electronic banking, online banking, or internet banking. It is simply the use of electronic and telecommunications networks for delivering various banking… Read More »What is E-banking?
Banking and Insurance
What is NEFT? (National Electronic Funds Transfer)
NEFT (National Electronic Funds Transfer) is an electronic funds transfer system maintained by RBI. Started in November 2005, the setup was established and maintained by… Read More »What is NEFT? (National Electronic Funds Transfer)
Banks in India
Banks in India can be classified into four categories. They are Given below is the bank types in India:- Commercial Banks Small Finance Banks Payments… Read More »Banks in India
Types of Bank Accounts
Bank Accounts Types These are the different Bank Accounts types: Current Account A current account is a deposit account for traders, business owners, and entrepreneurs,… Read More »Types of Bank Accounts
List of Banking Abbreviations
Banking abbreviations are useful to are eagerly waiting to do jobs like RBI, SBI PO exam, IBPS PO exam, IBPS RRB, and other Bank exams… Read More »List of Banking Abbreviations
Types of Fund Transfers: IMPS, NEFT, RTGS
Fund Transfers Fund Transfers mean sending and receive money or any fund of amount from one person to another person. Here we have several Modes… Read More »Types of Fund Transfers: IMPS, NEFT, RTGS
Bank Reconciliation Statement
Bank Reconciliation Statement is a process, That explains the difference on a specified date between the bank balance shown in an organization’s bank statement, as… Read More »Bank Reconciliation Statement
What is Kiosk Banking?
Kiosk Banking Kiosk Banking is the initiative taken by the Reserve Bank of India (RBI) for those living in villages or other remote areas who are… Read More »What is Kiosk Banking?
Merchant Banking Meaning and Functions
Definition of Merchant Banking “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to… Read More »Merchant Banking Meaning and Functions
National Housing Bank (NHB)
NHB (National Housing Bank) is the apex institution for the regulation and supervision of housing finance companies operating in India. NHB was promoted by the… Read More »National Housing Bank (NHB)