Concept of Payments Bank by Kushal Soni - 6 year ago | 3576 Payment banks are those which undertake restricted banking functions. This Functions can be like issuing debit cards, offering internet banking, but cannot offer loans or credit cards. The banks can only accept deposits of up to INR 1 lakh per account. Read more 1 0
Things you should know about IMPS, RTGS and NEFT by Jigar Solanki - 6 year ago | 4761 IMPS is an immediate payment service. It includes internet banking, mobile banking, etc. It is 24X7 and the upper limit varies from bank to bank. But it is around 100000/day. In NEFT the transfer is not immediate. It is done in batches. Read more 0 0
CBI arrests promoters of mining group for Rs 290 crore bank fraud by krutika zala - 6 year ago | 2723 Probing a major bank fraud, the Central Bureau of Investigation on Tuesday arrested Manoj Jayaswal and Abhishek Jayaswal. The promoters of mining company Abhijeet Group along with former DGM of Canara Bank or allegedly causing a loss to Rs 290 crore to two public sector banks. Abhijeet group was probed by CBI in coal scam as well and Manoj Jayaswal was chargesheeted by the agency. Read more 0 0
State bank of india by Harshil Bhatt - 5 year ago | 1763 The first presidency of SBI was established in Kolkata in 1806 during the British Raj and was named as Bank of Bengal. SBI instituted two new branches in Mumbai known as the ‘State Bank of Bombay’in 1840, and,‘State Bank of Madras’ in 1843. In 1921, these three SBI branches were made to merge to form ‘Imperial Bank of India. Read more 0 0
