Finance

SWIFT: Electronic payment systems for large payments have developed as the demands for international settlement of currency and securities transactions have increased. Society for Worldwide Interbank Financial Telecommunication known as SWIFT, currently dominates the field of inter-bank messaging but, is increasingly facing competition from other networks. SWIFT was set-up in 1973 and is based in Brussels. Its member banks, a ... Xem chi tiết

what will happen to your money, if your bank goes bankrupt? (जिस बैंक में है आपका अकाउंट, वो बैंक डूब जाए तब क्या होगा आपके पैसों का? जानें). Know what will happen to your FD and other deposits when the bank is FAIL. If there is a big scam in the bank or if the bank becomes bankrupt then will the money be safe? After the Punjab National Bank (PNB Scam) scam, those who have accounts in the bank or whose money is deposited in ... Xem chi tiết

Post shipment Credit means any loan or advance granted or any other sort of credit provided by a bank to an exporter of goods/services from India after shipment of goods / rendering of services from the date of extending credit to the date of realization of export proceeds. Since it is granted post shipment of goods/services, it is termed as post-shipment credit as per the period of realization prescribed by the foreign ... Xem chi tiết

What Every Statutory Branch Auditor of a Bank Should Do. This article is an attempt to suggest some critical basics – minimum must do’s – addressing these requirements, to be taken into account by the auditors in their statutory bank branch audits. Now check more details for “What Every Statutory Branch Auditor of a Bank Should Do” from below…. What Every Statutory Branch Auditor of a Bank Should Do 1. Collecting Branch ... Xem chi tiết

E-banking: The world is changing at a staggering rate and technology is considered to be the key driver for these changes around us. An analysis of technology and its uses show that it has permeated in almost every aspect of our life. Many activities are handled electronically due to the acceptance of information technology at home as well as at workplace. Slowly but steadily, the Indian customer is moving towards the internet ... Xem chi tiết

Current account convertibility means freedom in respect of payments and transfers for current international transactions. Currency convertibility refers to the freedom to convert the domestic currency into other internationally accepted currencies and vice versa. Current account convertibility means freedom to convert domestic currency into foreign currency and vice versa to execute trade in goods and invisibles. What is ... Xem chi tiết

RBI’s Bi Monthly Policy for Investors and Borrowers, Every year Reserve Bank of India releases six bi-monthly policy statements. The purpose of these statements is to review and adjust monetary and liquidity measures every two months. This help the central bank keep inflation under control and steer economy toward projected growth. The central bank observed the decline in borrowing interest rates and direct benefits reaped by ... Xem chi tiết

Highlights of Economic Survey & Budget 2020, Economic Survey in pdf. Union Budget is the most comprehensive report of the Government’s finances in which revenues from all sources and outlays for all activities are consolidated. The Budget also contains estimates of the Government’s accounts for the next fiscal year called Budgeted Estimates. On 31 January 2020, the Union Minister for Finance & Corporate Affairs, ... Xem chi tiết

Sukanya Samriddhi Account. Download Sukanya Samriddhi Account – Circular by Reserve Bank of India. Sukanya Samriddhi Yojana (SSY) is a small deposit scheme for the girl child launched as a part of the ‘Beti Bachao Beti Padhao’ campaign. A Sukanya Samriddhi Account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of Rs 1,000. After Providing Complete Details for Sukanya Samriddhi ... Xem chi tiết

KBC Registration 2020: Kaun Banega Crorepati 12, From online registration to personal interview, know how you can participate in ‘KBC 12’ sitting at home.  Here are the simple steps to register yourself for #KBC12! Download the Sony LIV app, follow these steps and you can stand a chance to play in the Hotseat and make your dreams come true. Stay Tuned to Sony TV for the next question tonight at 9 PM! @amitabhbachchan ... Xem chi tiết

Indradhanush Plan for Revamp of Public Sector Banks. Ministry of Finance issued new Plan for Revamp of Public Sector Banks. The Public Sector Banks (PSBs) play a vital role in India’s economy. In the past few years, because of a variety of legacy issues including the delay caused in various approvals as well as land acquisition etc., and also because of low global and domestic demand, many large projects have stalled. Public ... Xem chi tiết

Reasons for devaluation of Chinese yuan & its impact. China’s Central Bank ” People’s Bank of China ” has recently devalued the value of yuan in terms of US$. All the countries were surprised by this sudden action of China. It’s a debatable issue whether it was done as a measure of balancing the trade or a beginning of currency war ? This has to be answered by Chinese government and People’s Bank of China. If you like this ... Xem chi tiết

UCO Bank NEFT Form 2020, Rules, Timing, Charges & How to do NEFT?: National Electronic Funds Transfer. With National Electronic Funds Transfer (NEFT)  you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before. In this article we provide complete details for UCO Bank NEFT like – How to send ... Xem chi tiết

Union Bank of India NEFT Form: With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before. What is NEFT? National Electronic Funds Transfer (NEFT) NEFT is electronic funds transfer system, which facilitates transfer of funds to other bank accounts in ... Xem chi tiết

BHIM Aadhaar Payment App Platform: PM Narendra Modi’s Launched BHIM Aadhaar platform App on 14th April, Check how Aadhar Payment app works: Prime Minister Narendra Modi launched BHIM Aadhaar Pay app on today, Aadhar Payment apk is a biometric based payment system that will make paying with the help of thumb impression a reality, in Nagpur today. The BHIM Aadhaar pay app is developed only for merchants and makes use of two ... Xem chi tiết

Andhra Bank NEFT Form 2020: National Electronic Funds Transfer (NEFT Online Funds Transfer to other banks) Called AB Xpress. With National Electronic Funds Transfer you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before. What is NEFT? National Electronic Funds Transfer (NEFT) is a funds transfer ... Xem chi tiết

United Bank of India NEFT Form 2020: National Electronic Funds Transfer. With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before. What is NEFT? National Electronic Funds Transfer (NEFT) is a nation-wide system that facilitates individuals, firms and ... Xem chi tiết

SBBJ Balance Enquiry Number 2020, SBBJ Balance Check Number 2020, SBBJ Toll Free Number – check out latest guide for how to check SBBJ Balance online. SBBJ Bank Account Balance Enquiry Number, SBBJ Balance Enquiry Toll Free Number. Check SBBJ account Balance by Miss Call. SBBJ Official Missed call balance enquiry number. SBBJ Miss Call Number for balance Check, Check SBBJ Bank Balance. State bank of Bikaner and Jaipur Balance ... Xem chi tiết

RTGS Charges 2020: Real-time gross settlement systems. Every banking company is adapting itself to E- Commerce needs of online banking. It’s easier, convenient and time saving also. RTGS is one of such online banking transfer methods. Let’s understand what it is and also discuss relevant details. Now check more details for “RTGS Charges, RTGS Timing, What is RTGS, RTGS Full Form” from below….. RTGS Charges, RTGS Timing, What ... Xem chi tiết

Verification of Advances with Special Reference to IRAC Norms (Income Recognition and Asset Classification). Following is the Addendum to the article published about verification of advances with special reference to Income Recognition and Asset Classification (IRAC) Norms in February 2018 issue of The Chartered Accountant journal. The RBI has issued a circular dated February 07, 2018 granting relief for MSME Borrowers ... Xem chi tiết

All Banks List 2020, Banking in India: Banking in India in the modern sense originated in the last decades of the 18th century. The first banks were Bank of Hindustan (1770-1829) and The General Bank of India, established 1786 and since defunct. Now you can scroll down below and check complete details regarding “Banking in India – A comprehensive list of all Banks” Banking in India – A comprehensive list of all Banks The ... Xem chi tiết

Digital empowerment in India challenges and opportunities, The digital wave in India is poised to create great strides in the functioning of the government and delivery of its services to citizens, helping transform the life experiences of 1.2 billion Indians and drive the India growth story. The road to digital empowerment in India has thrown up some great challenges and opportunities. Digital empowerment in India challenges ... Xem chi tiết

Stages in the Evolution of Banking in India: Modern banking as evolved in England was introduced by the British during their rule in India. Naturally, today’s Indian banking is similar to British banking. However, it does not mean that banking was unknown to India. The essence of banking is lending for productive purposes. In fact, India was a major partner in international trading and was a big producer of steel, cloth, ... Xem chi tiết

Vijaya Bank NEFT Form 2021, Rules, Timing, Charges & How to do NEFT?: National Electronic Funds Transfer (NEFT On line Funds Transfer to other banks). With National Electronic Funds Transfer (NEFT) you can transfer funds and make Credit card payments to any bank across India. With this service your transactions are easier, and, with fewer restrictions, they reach further than before. In this article we provide complete ... Xem chi tiết

Features of E-banking: E–banking is a product designed for the purposes of online banking that enables you to have easy and safe access to your bank account. E-banking or Online banking is a generic term for the delivery of banking services and products through the electronic channels such as the telephone, the internet, the cell phone etc. Features of E-banking 1) Transactional : a) Electronic Bill Presentment and Payment ... Xem chi tiết

NEFT Charges: NEFT refers to National Electronic Fund Transfer. The account holders can transfer funds from one bank branch to another or to another bank account. With a click of your fingertips, now you can access your bank statement or pay your mobile bill, and can even recharge your DTH (Direct To Home) connection. This is possible due to online banking facility offered by the core banking system. Online banking includes ... Xem chi tiết

All About Black Money Bill 2015: Black Money and Imposition of Tax Rules, 2015 notified.. Recently Lok Sabha is Passed Black Money Bill 2015. Here we are providing Complete details for Black Money Bill 2015 in Very Simple Manner. In this article you can find complete details about Black Money Bill 2015 like Applicability date of black money bill 2015, Tax Rate etc. Now you can scroll down below and check complete details ... Xem chi tiết

NEFT FAQ’s, NEFT Frequently Asked Questions: National Electronic Funds Transfer is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme. Q.2. Are all bank branches in the country ... Xem chi tiết

The month of March is about to begin. Banks will remain closed in most parts of the country, on the fifth day of this month i.e. March 5th. Actually, due to Bakrid on this day, there will be no work in banks. The Reserve Bank of India (RBI) has released a calendar, according to which banking operations will be closed for a few days in March. These include 5 days off. Speaking of the entire month, banks will remain closed for a ... Xem chi tiết

SBI Merger Queries & Answers: State bank of India merged 5 associate banks on 1st April 2017. and now all users of these associate banks are merged with SBI, all the customers who have net banking in associates banks can login net banking at SBI net banking site and manage there accounts easily. SBI Merger Queries & Answers for SBH, SBP, SBM, SBT, SBBJ Customers. Merger of Associate Banks with SBI Probable ... Xem chi tiết

Best Credit card for Online Shopping with Cash back Benefits, The availability of cheap credit and internet has led to an increase in demand of credit cards. With the increase in number of shopping portals. Credit Card companies and banks have also increased the number of services they are willing to offer to attract customers. Also the ease to do online transaction has become better. Credit card were traditionally providing ... Xem chi tiết

RTGS: The real time gross settlement solution is a milestone in the history of Indian payment system. It is the key critical element. It provides the missing link in the process of the setting up of the Integrated payment and settlement system in the country. Now a days, it is the preferred mode of the settlement of large value interbank payments in the world over. As a settlement process, RTGS minimises settlement risks by ... Xem chi tiết

LIC NEFT Form and Information guide for policy payment by NEFT, LIC Payment by NEFT, LIC NEFT Form in PDF Format with NEFT Guide for policy payment. INFORMATION TO POLICYHOLDERS ABOUT POLICY PAYMENT BY NEFT AND INSTRUCTIONS ABOUT SUBMITTING NEFT MANDATE FORM. LIC NEFT The payment under your policy/ies will be to be credited, directly to your Bank account through electronic mode of payment only. For this purpose, we require ... Xem chi tiết

Black Money and Imposition of Tax Act 2015 – An Overview, Check Details for Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015- An Overview. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (the Act) was enacted on 26 May 2015 and has become operative from 1 July 2015. The provisions of the Act provide the procedures to deal with the undisclosed foreign ... Xem chi tiết

FRDI bill : So much has been written and so much is being propagated against and in favor of the Financial Resolution and Deposit Insurance Bill 2017 in the media. While we put the speculations aside, to know how it’s going to impact the common man’s money saved in various banks in the country. Here in this post, we discuss the important implications of this bill on the individuals. What is Financial Resolution and Deposit ... Xem chi tiết

Understanding the Emerging Concept of BYOD, Have you ever heard of BYOD…. what this BYOD is BYOD stands for “BRING YOUR OWN DEVICE”. BYOD REFERS TO A SYSTEM WHERE EMPLOYEES CAN USE THEIR OWN PREFERRED DEVICE LIKE SMART PHONES, LAPTOPS, ETC. FOR BUSINESS PURPOSES. Now check more details about “Benefits of BYOD (Bring your own device)” From below… Let us understand this with the help of an example. Understanding the emerging ... Xem chi tiết

India’s GDP vs. China’s GDP – Comparison with Largest economy Categories: Banking Source: bank.newstars.edu.vn ... Xem chi tiết

BHIM Aadhaar Payment App, How it is work?, Download Aadhar Pay App: Prime Minister Narendra Modi launched BHIM Aadhaar Pay app on today. Now pay at shops using your fingerprint.  Aadhar Payment apk is a biometric based payment system that will make paying with the help of thumb impression a reality, in Nagpur today. BHIM Aadhaar Payment App Platform: PM Narendra Modi’s Launched BHIM Aadhaar platform App, Check how Aadhar ... Xem chi tiết

How to Convert Black Money Into White Money. Tips for How to Convert Black money to white money. After Ban of Rs 500 and Rs 1000 Note many persons want to convert his black money in to white money. Recently Modi Govt Ban Rs 500 and Rs 100 Note and this is very good step taken by modi govt and many persons are searching and call to CA’s for how to Convert Black money into white money, here we provide some tips for how you can ... Xem chi tiết