Banking

The safety and interest that one receives over saving in an Indian bank make Indian banks renowned. Almost every person who resides in any part of India must have a bank account. Nowadays, even people […]

What is the beneficiary? A beneficiary is whoever receives benefits or rewards from anything. A beneficiary in the banking markets usually refers to anyone who is entitled to collect dividends from a foundation, will or […]

India is a country with a banking system serving a vast population. In general, Indian Banks are classified into two groups, namely scheduled bank and non-scheduled banks. The scheduled group includes a commercial bank, small […]

Very often, you may have noticed in your passbook or bank statements the word ‘CLG‘ associated with money deposited to your bank account via cheques. Suppose someone issues you a cheque as a payment of […]

Banks are vital financial institutions of an economy. They function by borrowing money from depositors offering them a particular annual rate of interest and lending the money to the borrowers, at a higher rate of […]

Today, more than 80% of the Indian population has a bank account to their name. However, even today, if an adult is asked about the definition of a bank, he or she might stumble on […]

Each technology comes with its own advantages and disadvantages. Today, we would be discussing one such technology that has helped us in transforming the entire banking sector, ATM cards. ATM cards are the need of […]