Priority Sector Lending (PSL): Meaning, Targets, Categories and RBI Guidelines Priority Sector Lending (PSL) is an important topic in banking awareness, Indian banking exams, and competitive examinations such as IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Grade B Read More …
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Payment Systems in India: NEFT, RTGS, IMPS, UPI, BBPS, AePS & RuPay
Payment Systems in India: BBPS, IMPS, NEFT, RTGS, UPI, BHIM, AePS and RuPay India has developed a wide range of digital and electronic payment systems that make it easier for people to transfer money, pay bills, purchase products and access Read More …
Payment Systems: BBPS, IMPS, NEFT, RTGS, UPI, AePS, RuPay & *99#
India has developed a strong and technology-driven digital payment system that enables individuals, businesses, and government organizations to transfer money and make payments electronically. Various payment systems such as UPI, IMPS, NEFT, RTGS, BBPS, AePS, BHIM and RuPay have made Read More …
Financial Instruments: Types, Features, Examples & Importance
Financial Instruments: Types, Features, Examples and Importance Financial instruments are an important part of the Indian financial system. They provide individuals, businesses, banks, governments, and investors with different ways to save money, raise capital, invest funds, manage financial risk, and Read More …
Types of ATMs: Online, Offline, White, Brown Label ATMs & RBI Rules
ATM Types, PIN, CVV and RBI Rules on ATM Transactions – Competitive Exams Notes Automated Teller Machines (ATMs) are an important part of modern banking services. They allow customers to withdraw cash, check account balances, transfer funds and access other Read More …
Nepal Floods 2026: 160 Dead, 844 Missing Including 133 Indians
Nepal Floods 2026: 160 Dead, 844 Missing Including 133 Indians A devastating flash flood and landslide in Nepal has caused widespread destruction along the Nepal-Tibet border, with at least 160 people reported dead and 844 people missing. Among those reported Read More …
Real Madrid vs Real Sociedad: Real Madrid Beat Real Sociedad 4-1: Mbappé Hat-Trick Leads LaLiga Victory
Real Madrid vs Real Sociedad: Real Madrid Beat Real Sociedad 4-1: Mbappé Hat-Trick Leads LaLiga Victory Real Madrid defeated Real Sociedad 4-1 in the Spanish LaLiga on August 26, 2026, with Kylian Mbappé producing a brilliant hat-trick at the Santiago Read More …
Types of Banking: Retail, Wholesale, Corporate, Investment & More
Types of Banking: Retail, Wholesale, Corporate, Investment, Universal and Other Banking Types Banks play a vital role in the financial system by accepting deposits, providing loans, facilitating payments and offering a wide range of financial services. As the needs of Read More …
Banking Ombudsman: RBI Ombudsman Scheme, Functions, Complaints and Compensation
Banking Ombudsman in India: RBI Ombudsman Scheme, Functions, Complaints and Compensation The Banking Ombudsman is an important mechanism created by the Reserve Bank of India (RBI) to help bank customers resolve complaints relating to deficiencies in banking services. Today, customer Read More …
Primary and Secondary Functions of Banks
Functions of Banks: Banks play a vital role in the economic development of a country. They act as a link between people who have surplus money and those who need funds for business, investment, consumption, or other financial requirements. The Read More …