UPI or Unified Payment Interface allows the transfer of money from one bank account to another instantly, anytime( 24×7) on …
Types of Banks in India
Modern banking in India originated in the last decade of the 18th century. Now India has many types of banks …
Banks Failure: Can Banks in India Fail? Too Big to Fail Banks
Can the banks in India Fail? Which banks in India have failed? What happens if the bank fails? Are there …
Deposit insurance on bank failure, Amount, Limit
If the bank fails financially and has to go in for liquidation then a depositor can get up to Rs …
PMC Bank Crisis
PMC or Punjab and Maharashtra Cooperative Bank was put under RBI watchlist in Sep 2019. PMC is in trouble for …
Google Pay & UPI: How to use, How to set
Google Pay is the simplest way to send money home to your family, recharge your mobile, or pay the neighbourhood …
WhatsApp Payment: How to use Whats App to Send Money
WhatsApp Payment Feature allows WhatsApp users to send and receive money from within the app. The feature is UPI-based (Unified …
Nationalisation of banks: When, Why and Impact
14 largest commercial banks that accounted for 85% of bank deposits in the country then were nationalised in the midnight …
IFSC Code, How it is used in NEFT,RTGS, Different from MICR, SWIFT
IFSC or Indian Financial System Code is used to identify each branch of a bank in India with a unique …
How to use IMPS to send money instantly
You have to urgently transfer money to your relative or friend on a Sunday or a public holiday, what can …
