UK Sinha has appointed as the New Chairman of Sebi
The government has appointed UTI chief UK Sinha as the new chairman of market regulator Securities Exchange Board of India (Sebi). Sinha will succeed incumbent CB Bhave, whose term is … Read More
Tag: bank questions
All about Inter Bank Transfer-Frequently Asked Banking Questions and Terms
1. What is Inter Bank Transfer? Inter Bank Transfer is a special service that allows you to transfer funds electronically to accounts in other banks in India through: * NEFT … Read More
Banks to Allow Only One ATM Transaction Per PIN Entry
In order to check misuse of ATM cards by unauthorised people, RBI(Reserve Bank of India) has asked banks to allow only one transaction at ATM machines for one entry of … Read More
Money Bills and its important features
Bills which exclusively contain provisions for imposition and abolition of taxes, for appropriation of moneys out of the Consolidated Fund, etc., are certified as Money Bills. Money Bills can be … Read More
What is NEFT, RTGS and Inter Bank Transfer?
Inter Bank Transfer is a special service that allows you to transfer funds electronically to accounts in other banks. In India the Inter Bank Transfer is possible mainly through 2 … Read More