UPI

What is Unified Payment Interface ?

Reserve Bank of India have just launched a Unified Payments Interface (UPI), a Mobile Application enabled payment system for making transaction online to any bank 24X7 without using the account number.Customer of any bank may transact through UPI apps any transaction below Rs 1 lakh,  even something as low as Rs 10.  Unified payment Interface, UPI services are currently launched by State Bank of India, Punjab National Bank, Canara Bank, Bank of

What are preferential allotments Share ?

What are preferential allotments Share ? – Recently “[highlight]preferential allotments Share[/highlight] ” was very much in news, as Government has planned to infuse Rs 25,000

How To Do IMPS Fund Transfer in SBI ?

How To Do IMPS Fund Transfer in SBI ? – IMPS i.e. Immediate Payment Service , a new initiative for transferring fund immediately to any

Bank DA Feb 2016 For Employees

Bank DA Feb 2016 For Employees –  This is expected on projected date of CPI of previous two month that the Dearness Allowance for the

What is Commercial Paper ?

Commercial Papers : A Commercial Paper is a short term security (7 days to 365 days) issued by a corporate entity (other than a bank), at a

What is Money Market ?

Money Market refers to the market for short-term requirement and deployment of funds. Money market instruments are those instruments, which have a maturity period of less than one

What are Different Type of Money Supply in India?

Different Type of Money Supply in India : There are different type of money in circulation to economy of India. Each and different type of

What is Banking Ombudsman Scheme 2006 ?

Banking Ombudsman Scheme 2006 – The guidelines which are needed to be followed as per Banking Ombudsman. Customer must know the basic of Banking Ombudsman steps. Follow