bankingandbusiness

In the era of Indian financial transformation, we are opening accounts of our kids before his/her admitted to the school. A small account which is informally known as a Zero Balance account or No frill account introduced by RBI through its circular No. RBI/2010-11/389 dated 27 Jan 2011 and re-launched by RBI in 2015. These were the steps taken by Government to make financial inclusion successful.        Banks had the same workforce and technological tools worked enthusiastically and made relations with every Indian irrespective of their economical conditions. Now the branches were operational issue i.e footfall of the branches increased drastically. Banks diverted customers through their business correspondents. Still, the issue of footfall has not been erased completely. On 23 Jun 2016 RBI with the vision statement ‘ Building best of class payment and settlement systems for a ‘less-cash’ India through responsive regulation, robust infrastructure, effect...

  Earth's temperature has risen by  0.14° Fahrenheit (0.08° Celsius) per decade since 1880 , but the rate of warming since 1981 is more than twice that: 0.32° F (0.18° C) per decade. 2021 was the sixth-warmest year on record based on NOAA's temperature data. To overcome such problems India's updated climate pledge to the Paris Agreement after receiving the Union Cabinet's nod  August 3, 2022 . The pledge will lay out India's clean energy transition pathway from now through 2030 and will be communicated to the United Nations Framework Convention on Climate Change (UNFCCC) .                 Green energy is important for the environment as it replaces the bad effects of fossil fuels with more safe alternatives. Green energy is also often renewable and clean, meaning that they emit no or few greenhouse gases and are often readily available.     Green finance   According to ...

  Good morning everyone, I already mentioned that I have joined Bank in the year of demonitisation. And the judgement in the favour of Central government decision to cancel Rs 500 and Rs 1000 currency notes upheld by Five member constitution bench of Supreme court. Headed by Justice Abdul Nazeer found no descrepency in the decision. Justice BV Nagarathna is the only judge who believe it is unlawful act. It means Demonetization of our country was not unlawful according to four of our five member  constitution bench of Supreme court. Still Fixed deposit rate of PUNJAB NATIONAL BANK is very high...till inflation will go down. I need a personal suggestion... Our Naval veterans wish to organise a reunion... please suggest a resort for this purpose.... Good day

 Hi Everyone...Presenting you the different Fixed deposit interest rates of two largest Nationalized banks...SBI and PNB...Highlighting and comparing their Interest for different tenor. As our Secondary Market is not so dynamic nowadays... Fixed deposits are good options according to me...Namaste Referred from Official website of SBI and PNB -:  Revision in Interest Rates On Retail Domestic term deposits (Below Rs. 2 crore) interest rates revised w.e.f. 13.12.2022 Accordingly, the interest rates for Retail Domestic Term Deposits ‘Below Rupees Two Crore 'have been revised.The revised interest rates are as under : (All figures in % per annum) Tenors Existing Rates for Public w.e.f. 22.10.2022 Revised Rates For Public w.e.f. 13.12.2022 Existing Rates for Senior Citizens w.e.f. 22.10.2022 Revised Rates for Senior Citizens w.e.f. 13.12.2022 7 days to 45 days 3.00 3.00 3.50 ...