Demand Draft (DD) Types, Uses, Process & Banking Details
In banking and finance, secure money transfer is essential for both individuals and businesses. A Demand Draft (DD) is one
Bank Exams
Electronic Clearing System: Meaning, Types & Banking Uses
In modern banking, large-scale payments and collections cannot be managed efficiently using cheques or demand drafts. To make bulk transactions
Debit Card in Banking: Definition, Types & Functions
A debit card is one of the most commonly used financial instruments in modern banking. It provides direct access to
Deflation Meaning, Causes, Effects & Role in Banking Sector
In banking and finance exams, topics like inflation and deflation are frequently asked in both the economics and banking awareness
Banking KYC Norms in India: Documents, Rules & Objectives
KYC Norms: Know Your Customer (KYC) is one of the most important regulations in the Indian banking sector. It is
Anti-Money Laundering (AML) Laws in India & Global Framework
Anti-Money Laundering (AML) Laws: Money laundering is the process of converting illegal money into legal form. Criminals try to hide
Direct Benefit Transfer (DBT) in India: Objectives, Schemes & Role
For many years, India faced challenges in delivering subsidies and welfare benefits to its citizens. The money allocated by the
NBFC’s Structure, Functions, and Regulations
Non-Banking Financial Companies (NBFCs) are financial institutions that offer banking-like services such as loans, credit, investments, and asset financing but
Homonyms & Homophones, Types of Questions Asked on This Topic
Homonyms and homophones are high-scoring topics in competitive exams like SSC, Banking, and RRB. Understanding these topics helps improve vocabulary,
Synonyms and Antonyms, Types of Questions Asked on This Topic
Synonyms and Antonyms are fundamental topics in English that test your vocabulary, comprehension, and analytical skills. In this blog, we
Bonds in Banking 2025: Meaning, Types, Features & Importance
A bond is one of the most fundamental instruments in the world of finance and capital markets. It acts as
Cooperative Banking in India Structure, Functions, and Role
Cooperative banking is a vital segment of the Indian financial system. Unlike commercial banks, cooperative banks are owned and operated