Currently, CTS is operational in most of the clearing houses across India. However, some bank branches are yet to come under its purview.
About 18,000 bank branches are still outside any formal clearing arrangement. It is now proposed to bring all these bank branches under CTS clearing by September.
With this measure, all bank branches in the country would be covered under the CTS. This will enhance customer convenience and bring operational efficiency to the paper-based clearing system.
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ROADMAP FOR AGRICULTURAL SECTOR IN INDIA
Agriculture is the backbone of the Indian economy as it provides livelihood to a large section of the population.
Neo bank is a kind of digital bank without any branches. Neo bank has no physical presence at any location but provides services online i.e. digital or mobile or through any other mode online.
ZED SCHEME FOR MSMES
This scheme is an extensive drive to create proper awareness in MSMEs about the Zero Defect Zero Effect (ZED) manufacturing and motivate the entrepreneur for assessment of their enterprises for ZED and support them.
ICICI Bank and PhonePe partner to issue FASTag
ICICI Bank and PhonePe today announced their partnership for the issuance of FASTag using UPI on the PhonePe App.
INTERNAL RATING BASED APPROACH: A TOOL IN CREDIT RISK MANAGEMENT
Credit Risk is defined as a potential risk that a bank borrower or counterparty will fail to meet its obligations in accordance with agreed terms.
EMPOWERING MSMES: TAKING THE MERCHANT ONBOARDING PROCESS DIGITAL
Onboarding a merchant in less time with proper due diligence has always been the prime objective for every acquirer in the market. The conventional process of onboarding merchants is complicated. It is time-intensive and could require a lot of back and forth with pages and pages of paperwork.
BUT COOPERATIVES MUST SUCCEED
Basic challenge to the present century-old cooperative financial institutions in our country, as rightly indicated in one of the study reports, is to strike a balance between attaining profitability by running their business on commercial lines on one hand and carrying out their service-oriented activities under the well-conceived principles of coveted 'co-operative movement', on the other. Probably, this inherent conflict in their functions puts pressure on their efficiency and profitability.
Banking Technology, Fintech and Digital Transformation explored at the 10th Annual Middle East Banking Innovation Summit
The 10th Annual Middle East Banking Innovation Summit returned this week for two full days of panels and keynote presentations exploring the world of banking technology and digital transformation.
Training Programme at HUDCO organised by DoPT
The Housing & Urban Development Corporation Ltd is organizing a week-long in-service training programme for All India Service Officers from 22nd-26th February, 2021, through its Research and Training wing (Human Settlement Management Institute). The programme sponsored by Department of Personnel & Training, Govt of India on 'Cities of Tomorrow- Equitable, Sustainable and Resilient'aims to sensitize the officers towards sustainability, equity and disaster risk reduction in cities to meet future challenges.
India's Stressed Banks
“This is the classic crisis of confidence”
India Is The Latest To Meddle In Its Central Bank's Affairs
The autonomy of India’s central bank is under threat.
लॉकडाउन के हिसाब से अब ढल रहे हैं व्यापार, कम प्रभावित होगी मांगः दास
आरबीआई गवर्नर ने कहा: लॉकडाउन के अनुरूप ढलने की कोशिश में घर-परिवार
छोटे कर्जदारों को मिली राहत
भारतीय रिजर्व बैंक ने 25 करोड़ रुपये तक के कर्ज पुनर्गठन की घोषणा की
खतरा: हर दूसरा आदमी बिना जरूरत करा रहा सीटी स्कैन
कोरोना की बढ़ती रफ्तार के बीच लोग 'सीटी स्कैन फोबिया' का शिकार, यह चलन कैंसर के मुहाने तक ले जा सकता है
उद्योगों को फिर राहत देने पर सरकार का विचार
औद्योगिक क्षेत्रों में बढ़ रहे दबाव को संभालने के लिए भारतीय रिजर्व बैंक के साथ चल रही बातचीत
New Stress Pockets
Unsecured personal loans, credit cards, business banking, and MSME loans are emerging as new breeding ground for banks' NPAs. How serious is the problem?
Do Government Policies Impact Stock Markets?
There are very many variables that impact stock prices. However, the government fiscal policy which is announced in the annual budget every year and the monetary policy announced by the Reserve Bank of India have a special significance not only on overall economic growth and stability but also on the equity prices. Geyatee Deshpande analyses the connection and impact of both these policies on the equity prices
बैंक में एमडी-सीईओ 12 साल
भारतीय रिजर्व बैंक की तरफ से बैंक प्रवर्तकों या प्रमुख शेयरधारकों के लिए नियम जारी
फिएट करेंसीभारतीय रिजर्व बैंक (आरबीआई) ने 25 जनवरी, 2021 को कहा कि यह दुनिया के विभिन्न हिस्सों में आभासी (वर्चुअल) मुद्राओं की बढ़ती लोकप्रियता के बीच फिएट मुद्रा (Fiat Currency) के एक डिजिटल संस्करण की संभावना तलाशने पर वह विचार कर रहा है। उल्लेखनीय है कि फिएट करेंसी या फिएट मनी सरकार द्वारा जारी की गई मुद्रा है जो सोने जैसी कमोडिटी द्वारा समर्थित नहीं होती है।