According to the RBI, “Commercial Banks refer to both scheduled and non-scheduled commerci...

The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian governm...

In a modern economy, money consists mainly of currency notes and coins issued by the monetary auth...

D-SIB means that the bank is too big to fail. According to the RBI, some banks become syste...

The nationalization of the banks in 1969 boosted the confidence of the public in the Banking sys...

Exchange Rate is defined as the rate at which a country’s currency can be exchanged with anoth...

WHITE LABEL ATMS ATMs set up, owned and operated by nonbank entities are called white label ATMs....

IFAD was established as an international financial institution in 1977 and was a major outcome o...

There are various methods of floating new issues in the primary market: Offer through Prospectus: ...

The Union Environment Ministry has declared Monkeys (Rhesus Macaque) as ‘vermin’ in Hima...

Last year, the government approved a report of the Task Force created by the Ministry of Home Affair...

The Banning of Unregulated Deposit Schemes Act, 2019 is a law that aims to prevent unregulated depos...