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India Post Payments Bank: Branches To Help Promote Financial Inclusion

Government of India Communication Department Ministry has informed that the Government is working on putting 650 branches of India Post Payment Banks which is expected to help out in Financial Inclusion. It is known that already two branches of the Bank are functioning at Raipur and Ranchi.  The purpose of opening another 650 Post Payments

India Post Payments Bank: Branches To Help Promote Financial Inclusion

Government of India Communication Department Ministry has informed that the Government is working on putting 650 branches of India Post Payment Banks which is expected to help out in Financial Inclusion. It is known that already two branches of the Bank are functioning at Raipur and Ranchi.  The purpose of opening another 650 Post Payments

Recapitalization Bonds For PSU Banks In Four Months.

It is well known that the Finance Ministry has come out with a plan to recapitalize the Public Sector Banks, through induction of Rs. 70,000 which could bring the PSU banks out from the NPA issues.  The last month announcement by the Government was for an amount of Rs. 2.11 lakh crore, for strengthening of

Recapitalization Bonds For PSU Banks In Four Months.

It is well known that the Finance Ministry has come out with a plan to recapitalize the Public Sector Banks, through induction of Rs. 70,000 which could bring the PSU banks out from the NPA issues.  The last month announcement by the Government was for an amount of Rs. 2.11 lakh crore, for strengthening of

PAYTM OFFERS CHAT

Challenges of-course exist in the Technology industry, and Paytm is no exemption to it.  To face the challenges being faced against its rival Whatsapp, Paytm has launched its own version of a chat feature on the app.  This is done through launching of an Inbox facility which is a messaging platform with in-chat payments.  What

PAYTM OFFERS CHAT

Challenges of-course exist in the Technology industry, and Paytm is no exemption to it.  To face the challenges being faced against its rival Whatsapp, Paytm has launched its own version of a chat feature on the app.  This is done through launching of an Inbox facility which is a messaging platform with in-chat payments.  What

Need For Banks Recapitalization?

Various Articles and opinions speak about the need for increasing the capital of PSU Banks.  What is the current need for such a step?  Let us analyse the same as under. CREATION OF MONEY Basically, banks create money. For example, if I lend you money, and you put it back in a deposit in my

Need For Banks Recapitalization?

Various Articles and opinions speak about the need for increasing the capital of PSU Banks.  What is the current need for such a step?  Let us analyse the same as under. CREATION OF MONEY Basically, banks create money. For example, if I lend you money, and you put it back in a deposit in my

RBI’s Loan Classification Numbers Mismatch

RBI’s which has gone through the  non-performing assets of banks has raised questions on the manner in which classification is being done by bank auditors. Three private-sector lenders have together reported more than Rs 12,000 crore in asset classification divergences for FY 17 so far.Difference in classification of NPA accounts between banks and the regulator

RBI’s Loan Classification Numbers Mismatch

RBI’s which has gone through the  non-performing assets of banks has raised questions on the manner in which classification is being done by bank auditors. Three private-sector lenders have together reported more than Rs 12,000 crore in asset classification divergences for FY 17 so far.Difference in classification of NPA accounts between banks and the regulator