Posted in Current Affairs Club

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…

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Posted in Banking Terms

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…

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Posted in Current Affairs Club

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…

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Posted in Banking Terms Do You Know

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…

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Posted in Banking Terms Do You Know Economics

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…

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