Banking

Rs.2000 Note Demonetization Advantages and Disadvantages

Quite recently the news broke out saying “RBI is pulling out the Rs. 2000 notes from circulation.” And this resulted in a lot of confusion among the general public, especially those who aren’t aware of the decision at all. As…

Top 10 Best Private Banks in India

India has a robust banking system with a mix of public and private banks. At present, there are around 21 private banks in India that serve the population in rural and urban areas. In a country with the highest population,…

CANARA Bank UPI Not Working: Possible Reasons & Their Fix!

Canara Bank is a public sector bank in India, and it was incepted in 1906. The present-day headquarters of Canara Bank is in Bangalore. With time, Canara Bank has adopted newer technology and digitalized everything for the consumer. Today, the…

Top 10 Best Government Banks in India

Public Sector Banks in India are considered the backbone of the economy. The government banks were the first banks which allowed people to be a part of financial inclusion. Since independence, the government banks have come a long way in…

Avoiding Common Pitfalls: How to Use Your Bank Credit Card Responsibly

Using bank credit cards can make your life more convenient by allowing you to make purchases now and pay later, but this convenience comes at a cost. Banks offer various schemes and offer to lure customers, especially salaried professionals, and…

The Impact of Digital Banking in Rural India

Gone are the days when technological advancements were only limited to the urban areas of India. Thanks to the initiatives from the Government of India, banks and other financial institutions, the economic gap between rural and urban India has been…

All You Need To Know About Account Aggregator Framework

The Account Aggregator Framework is a legal framework created by the Reserve Bank of India to enable efficient and safe data sharing between financial institutions, and it is commonly referred to as the AA Framework. The Account Aggregator aims to give customers…

Advantages and Disadvantages of UPI Transactions

In today’s highly automated society, most people prefer to send and receive their financial transactions digitally. There are a variety of techniques to complete these cashless exchanges. The UPI transaction is one of the most practical options. India has taken…

Mobile Banking Advantages and Disadvantages

Mobile banking has truly revolutionized the way we handle transactions and use the currency. With the advancements in the banking industry, now you can do a whole lot more with just a few taps on your smartphone screen. And the…

IDBI UPI Not Working: Possible Reasons & Their Fix!

IDBI bank has been functional for nearly 60 years now, and it is one of the trusted banks in Maharashtra, and other states as well. Throughout this nearly 6 decades-long journey, IDBI banks have created a huge customer base of…