Banking Ombudsman Scheme
Banking Ombudsman Scheme
What is Banking Ombudsman (BO)?
He hears customers’ complaints against banks.
BO was first setup in UK.
In India, RBI started this...
Financial Inclusion
Financial Inclusion - A Way Forward To Inclusive Development
Financial inclusion is buzz word today in Indian banking sector So what is financial inclusion and...
Insurance & Bancassurance
Insurance & Bancassurance
History of Indian Insurance Industry
1st company to offer Life Insurance was Amicable Society
Location – London
Year of Establishment – 1706
Founder...
Cooperative Banks,Foreign Banks,Apex Bank,SIDBI, IFCI, NHB, NACH In Details
Cooperative Banks,Foreign Banks,Apex Bank,SIDBI, IFCI, NHB, NACH In Details
Cooperative Banks
Co-operative Banks are government supported financial agency in India, which are organized and managed with...
GST (Goods and Services Tax) In Detail
GST (Goods and Services Tax) In Detail
The midnight of 30th June, 2017 was a revolutionary one in the history of the Indian economy after...
Indian Economy
Indian Economy
Economy before British Rule
To understand the present level of the Indian economy, it is important to understand the economic system of India during...
Budget
Budget
Introduction –
It is a statement of estimated receipts and expenditure of the government of India for the following financial year – 1st April...
Monetary Policy
Monetary Policy
Monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates,...
RRB & RRB Act in Detail
RRB & RRB Act
Regional Rural Banks (RRBs) were set up as government-sponsored, regional based rural lending institutions under the Regional Rural Banks Act, 1976....
NPA and Its Recovery
NPA and Its Recovery
NPA - Non Performing Assets
If the status of NPAs in banks is not controlled, banks can become bankrupt. The entire credit...
