Bank overdrafts, popularly known as business OD loans, have emerged as a valuable financial tool for businesses seeking effective cash flow management along with flexibility in their operations. An OD loan for businesses allows businesses…
The interest rate on a checking account can be a big deal if you’re not careful about how you use it. If you’re not careful, you might end up paying more than necessary for the…
Neobanks, which are another term for challenger banks, are innovative financial firms that have emerged in recent years as modern alternatives to traditional banks. Neobanks are financial institutions that do not have physical branches but…
IBPS is known as the Institution of Banking Personnel Selection. It is a relief that all bank exam candidates seek. IBPS PO is a great way to get into the diaspora of Banking. The banking…
An Overview about Axis Bank Credit Cards. Axis Bank is a private sector bank that provides a diverse range of credit cards. The bank presently offers more than 11 credit card varieties, each tailored to…
Once you understand the difference in payment systems available in India and what you can achieve with tools such as a UPI link generator it will help you to make an informed decision for your…
Demand deposit account, denominated in domestic currency maintained by overseas banks with domestic banks are called as VOSTRO Accounts. VOSTRO Means “Your Account with Us”. Example: Any overseas bank like Bridge Bank has a INR…
Demand deposit account, denominated in foreign currency maintained by domestic banks with overseas banks are called as NOSTRO Accounts. NOSTRO Means “Our Account with You”. Example: Any domestic bank like Bank of India has a…
A mutual fund is a common pool of money in to which investors with common investment objective place their contribution that are to be invested in accordance with stated investment objective of the scheme. A…