Banker’s Duty and Rights for Cheque Returns, The Negotiable Instruments Act provides the various cases in which the the cheque should be returned. In this article
Payment banks – Meaning, Main Moto, Features, Eligibility. Payment banks are the banks set up in accordance with the related regulations issued by the supreme monetary
Meaning of Endorsement : Section 50 of the Negotiable Instrument Act deals with effects of endorsement. The endorsement of a negotiable instrument followed by delivery transfers
What is credit worthiness?: Creditworthiness is a measure of how reliable a person or organization is in repaying a loan. Lenders (such as banks) evaluate
Payment Gateways: Must Adopt Tool for Every Business. The Internet has massive potential and can provide endless opportunities, payment gateways is the poster child of such
Difference Between NEFT, RTGS, IMPS, UPI, USSD, Mobile Banking. Complete Details for Electronic Fund Transfer, Demonetization in India, Various Types of EFT Like – NEFT, RTGS, IMPS,
Need of Technology of Banking: Technology has brought about a complete paradigm shift in the functioning of banks and delivery of banking services. Gone are
Channel financing is a win-win tool for suppliers, buyers and banks – it ensures smooth operations in the supply chain by providing timely credit support,
Capital account convertibility (CAC) means freedom to convert currency, both in terms of outflows and inflows, for capital transactions. Capital account convertibility (CAC) refers to a
Secondary Functions of Bank: The primary function of banks is to act as intermediary between savers and producers. They collect savings from people and lend
Tips to Make your banking transactions safe, Tips for safe online and mobile banking transactions. Internet banking has really been a genie for the people due