White Label ATMs (WLAs) have played a pivotal role in extending the reach of automated banking services in India. Before 2012, only banks held the authority to establish Automated Teller Machines (ATMs), resulting in constrained growth, particularly in Tier I and Tier II cities. Acknowledging the potential for enhanced financial inclusion, the Reserve Bank of India (RBI)...
Union Public Service Commission (UPSC) is considered as the most competitive exam in India. UPSC tops the list of the toughest exams held in India including JEE, NEET and more. However, we cannot deny the fact that UPSC also holds the position of hiring for one of the most prestigious and authoritative positions in the Indian Administrative...
Foreign investment plays a crucial role in the economic development of any country, and in India, it takes two primary forms: Foreign Direct Investment (FDI) and Foreign Portfolio Investment (FPI). These terms are essential for banking aspirants preparing for the RBI Grade B exam, as understanding them is vital for a comprehensive grasp of economic concepts. FDI,...
The Securities and Exchange Board of India (SEBI) was established in 1988 with the objective of regulating the capital market in India, safeguarding the interests of investors, and promoting the growth of the market. It plays a vital role in ensuring transparency, fairness, and integrity in the securities market. In this blog, we will explore the various...
In this blog, come let us find some answers for questions like ‘How important is the Reserve Bank of India to our nation’s economy?’ ‘Why and when was it formed?’
The Reserve Bank of India (RBI) came into existence in 1935 through the Reserve Bank of India Act of 1934. It’s headquarters is located...
When entering the world of investing, it is crucial to understand the regulatory bodies and infrastructure that govern the financial markets. In India, two key entities play a pivotal role in facilitating and regulating securities markets – the Securities and Exchange Board of India (SEBI) and the Stock Exchange. While both are integral to the functioning of...
Are you excited about pursuing a career in the banking sector? Do you know about the IBPS Specialist Officer (SO) examination that can help you get a prestigious job in government banks? Well, cracking the IBPS SO interview is the key to securing this position.
But here's a question for you: How can you...
RBI Bans Paytm Payments Banks? On January 31, 2024, the Reserve Bank of India (RBI) issued a ban on Paytm Payments Bank, citing persistent non-compliance and continued material supervisory concerns as the reasons behind the decision. The ban prohibits Paytm Payments Bank from accepting deposits, credit transactions, or top-ups. Additionally, the RBI has prohibited the onboarding of...
In the world of the digital era, where every person wants to stand out from the crowd and leave footmarks behind by showcasing their talent on various Social media platforms. From makeup to fashion, travel to art, sports to cooking every person having any skill has an excellent way to flaunt their talent and netizens love it....
Punjab National Bank (PNB) conducts the Specialist Officer (SO) recruitment drive every year to hire capable candidates for various positions. PNB, being one of the leading public sector banks in India, offers a lucrative career opportunity for aspiring professionals in the banking and financial sector. In this blog, we will provide you with detailed information about the...
