Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
Fake Currency Note is a term used to refer to counterfeit currency notes. The fraudster may print imitation (Counterfeit) currency notes and cheat unsuspecting individuals by handing over them as…
In today’s Statement on developmental and regulatory policies, RBI said that it would set up a centralised portal to access details of unclaimed deposits by depositors or their beneficiaries across…
Unified Payments Interface (UPI) is a robust payments platform supporting an array of features. Presently it handles 75% of the retail digital payments volume in India. According to the RBI…
The six-member Monetary Policy Committee (MPC) headed by RBI Governor on Wednesday (April 6, 2023) decided to keep the policy repo rate unchanged at 6.50%. Reserve Bank projected India’s GDP…
Updated as per RBI Master circular dated April 3, 2023 All bank branches are required to display at their branch premises, at a prominent place, a board indicating the availability…
The Government on Monday announced that the outstanding balance of ‘7.37% Government Securities 2023’ due on 16th April 2023 will be payable on 15th April 2023 as the 16th is…
Today, the government has hiked the interest rates of small savings schemes by up to 70 bps (One percentage point is equivalent to 100 basis points.) for the April-June 2023…
In a statement issued on Wednesday, NPCI said that as per recent regulatory guidelines, PPI wallets have been permitted to be part of the interoperable UPI ecosystem. As per the…
On Friday, the government amended the mutual fund rules in Finance Bill 2023, wherein debt mutual fund investors will no longer receive a tax benefit on long-term capital gains after…
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