The RBI has given the green signal to banks under its fold to start kiosk operations and plenty of them have made an aggressive outreach in this regard. The intent is to penetrate the hinterlands with...
The Indian banking industry has made a desperate attempt to penetrate the interiors via the CSP model and this was perhaps long overdue. There has been much talk about rural savings falling into the...
There are some major banking reforms announced by the RBI in coordination with the government. The end beneficiary of these reforms is the lower-income group in the hinterland areas and the intent is...
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An increasing number of Indian immigrants worldwide now prefer the digital medium for sending funds to their families in India. What makes online transfers so popular? Read this post to find out...
People around the world are connected through business relationships. You have debtors as well as creditors. When you lend money to someone, you expect it to come back. If you are looking for a person...
The current regime under the Narendra Modi Government has brought in reforms with the intent to improve life for the village folk. One such reform that is already drawing praises is the introduction...
The rural farming society is the backbone of Indian society and they have been feeding the population for a long time. However, farming is a risky profession and you are perhaps aware that a lot...
When it comes to offshore banking, most people have apprehensions about its legality and trustworthiness. A general thought that lingers around overseas banking is – people choose offshore banks for...
The Indian government intends to generate employment at the village level and even educated but unemployed youths have something to cheer about. The educated village youths have long been migrating to...
Is your business booming to a level that you’re thinking of acquiring a second merchant account?Several merchants settle with just a single account for their business. But what when your business...
A borrower will fit the bill for a home account in the event that the individual meets certain benchmark necessities. The boundaries on which a possible borrower's qualification for a home loan is...
In the two kinds of loans, one can control interest instalment amounts by doing part-instalment, prepayment, just as abandon at zero charges, post a half year of disbursal, according to one's monetary...
Two reasons for changing inventory allocation rules Very simple, isn't it? not necessarily. While this easy-to-remember how-to guide can help remove some of the complexity from retirement planning, it...
These days the concept of kiosk banking is popular in the rural areas and rightly so. It is via this medium that the cash savings of the rural population has been inducted into the formal economy. The...