Six Pillars of the Scheme: Universal Access to Banking Services – Branch and Banking Correspondents. Financial Literacy Program– Promoting savings, use of ATMs, using basic mobile phones for banking, etc. Creation of Credit Guarantee Fund – To provide banks some guarantee against defaults. Insurance – Free accidental insurance cover on RuPay cards increased from Rs. 1 lakh to Rs. 2 lakh for PMJDY accounts opened after August 2018.
Last six characters in IFSC code denotes
National Electronic Fund Transfer scheme of RBI was earlier known as:
Which of the following is not a debt security?
The Presidency Bank were merged into Imperial bank in the year –
Which of the following statements is true about Debt-Service Ratio?
A Scheduled Bank is included in the
What does an 'Overdraft' facility in banking imply?
Which of the following is known as the ability to convert an investment into cash quickly and with little or no loss in value?
Saikhom Mirabai Chanu is associated with which sport?
Any type of banking business facility that is located separately from the bank's main location is known as ______ service bank.