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Cash Transaction Post Demonetization

“Lot of inconvenience, increase in digital transactions which mannered for over 2 months, standing in long queues and facing lot of inconvenience, Fighting with Bank officials and Tellers, Showing resentment through articles and comments”. – Do these have had effects on Squeezing Cash?   No Cash is back with a vengeance. Coming to know that nothing

Cash Transaction Post Demonetization

“Lot of inconvenience, increase in digital transactions which mannered for over 2 months, standing in long queues and facing lot of inconvenience, Fighting with Bank officials and Tellers, Showing resentment through articles and comments”. – Do these have had effects on Squeezing Cash?   No Cash is back with a vengeance. Coming to know that nothing

LOWEST UPI TRANSACTIONS

The Electronic Payment channel viz Unified Payments Interface (UPI), has shown the lowest in the value of digital transactions which again saw another decline during February 2017.  The NPCI managed payment system was reported to be of Rs. 1,728 crore transactions value in February which was Rs. 1,659 crore in January this year. The notable

LOWEST UPI TRANSACTIONS

The Electronic Payment channel viz Unified Payments Interface (UPI), has shown the lowest in the value of digital transactions which again saw another decline during February 2017.  The NPCI managed payment system was reported to be of Rs. 1,728 crore transactions value in February which was Rs. 1,659 crore in January this year. The notable

FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which

FEE ON CASH TRANSACTIONS

HDFC Bank and Axis Bank have come out with the revised charges structure on Cash Transactions.  How will this affect a common man?  Let us see here. An individual, prior to demonetisation,  had not visited his bank branch for over a year.  Thanks to the comforts provided through ATMs, internet banking and debit cards,  which

SBI’s Extension to immediate neighbourhood

The largest PSU Bank of India is State Bank of India, more so now with its expanded wing through merger of its subsidiaries. The CMD of the Bank has said that the bank proposes to expand its operations in India’s immediate neighbourhood.  The bank has recently opened its branch in Myanmar and also upgraded its

SBI’s Extension to immediate neighbourhood

The largest PSU Bank of India is State Bank of India, more so now with its expanded wing through merger of its subsidiaries. The CMD of the Bank has said that the bank proposes to expand its operations in India’s immediate neighbourhood.  The bank has recently opened its branch in Myanmar and also upgraded its

Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.

Resolving bad loans

It requires empowering bankers, not more institutions. Last week, Reserve Bank of India (RBI) Deputy Governor Viral V Acharya suggested yet another way of resolving the bad debt problem stifling the banking sector. He proposed the creation of two asset management companies — one private and another quasi-government — instead of a single “bad bank”.