Credit Cards Guidelines issued by RBI

3 months ago

Banks in India with a net worth of `100 crore and above can undertake credit card business either departmentally or…

UPI 123Pay transaction limit increased to ₹10,000 and UPI Lite wallet limit increased to ₹5,000

3 months ago

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday (October 9) announced changes in transaction limits of UPI 123…

RBI maintains status quo on Repo, policy rates, but changes stance to Neutral

3 months ago

The Reserve Bank of India (RBI) announced its fourth bi-monthly monetary policy for FY25 today, October 9. The RBI’s rate-setting…

Advantages, Disadvantages of Credit Cards

3 months ago

Credit cards offer several benefits to merchants and cardholders. Benefits to merchants: Credit card transaction processing directly impacts a business’s…

Bank Retirees medical Insurance: Total premium payable with top-up coverage of 2 lakh, 3 lakh, 4 lakh and 5 lakh

3 months ago

National Insurance Co. now offers multiple top-coverage medical insurance policies for bank retirees under IBA medical policy for retirees. Now…

Explained: Operational aspects of credit cards

3 months ago

A Credit card holder is the customer, or consumer, who is using the card for payment or cash withdrawal. Credit…

Interest subvention scheme for women SHGs under DAY-NRLM

3 months ago

Women Self Help Group (SHG) under DAY-NRLM is a group voluntarily formed by 10-15 women. The special SHG can be…

Role of NGOs in Indirect Finance to SHGs

3 months ago

Commercial Banks are directly financing Self Help Groups (SHGs) or Financing SHGs, which are organized by NGOs etc. directly (Direct…

PMRY: Government Sponsored Scheme

3 months ago

The Pradhan Mantri Rozgar Yojana (PMRY) is a Central government-sponsored scheme that helps educated unemployed people start self-employment ventures through…

Government sponsored Schemes: SRMS scheme in place of SLRS

3 months ago

The Scheme of Liberation and Rehabilitation of Scavengers (SLRS) is a government program launched on March 22, 1992. The scheme…