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Tag: Banks

Questions on Credit
Posted on July 9, 2022July 9, 2022 BANKS MCQ on General Banking

Questions & Answers on Credit – Part 3

What are the two types of Lien? Explain.Particular lien and general lien are the two types of lien. Particular lien gives right to retain the... Read more

FAQ ON POSITIVE PAY
Posted on January 5, 2022January 5, 2022 BANKS Positive Pay System

FAQ on Positive Pay System

Reserve Bank of India (RBI) instructed all banks to implement Positive Pay System in order to safeguard customer money against Cheque frauds. It enables cheque... Read more

Cash Withdraw limit
Posted on October 30, 2021October 30, 2021 BANKS Income Tax Filing

How to Check Your Cash Withdrawal limit?

If you are doing a business, you need to know your cash withdrawal limit without TDS. As per the Government norms, you have to pay... Read more

Posted on September 28, 2021September 29, 2021

Monetary penalty on Amrit Malwa Capital Ltd

The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only)... Read more

Fund Transfer in AXIS bank
Posted on August 8, 2021August 8, 2021 Axis Bank BANKS Mobile Banking

NEFT Fund Transfer in Axis Bank Mobile App

In our previous article we explained about how to register for Axis Bank mobile application?. Generally, we use mobile banking application primarily for funds transfer... Read more

Home Loan Interest Rate of All Banks
Posted on June 10, 2021December 13, 2021 Axis Bank BANKS Credit Karur Vysya Bank Loans

Home Loan Interest Rate of all Banks

Home loan (Housing Loan) rate of interest is very low when compared to other type of loans such as Mortgage loan, Personal Loan, Business loan... Read more

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RBI Policy Rates

As on

Repo Rate 6.25%
Reverse Repo Rate 3.35%
Standing Deposit Facility Rate 6.00%
Marginal Standing Facility Rate 6.50%
Bank Rate 6.50%
CRR 4.50%
SLR 18.00%

 

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