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nprashant nayakanti
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nprashant nayakanti

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Union Bank of India forays into Branch IMPS Channel
          In the last couple of years, NPCI’s IMPS channel
is seeing a surge in the volumes. As IMPS offers ‘Funds Transfer’, 24*7, 365
days a year, it has attracted a large number of bank customers.           In the initial days, the primary key
for IMPS f...
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nprashant nayakanti

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What sort of Financially Illiterate you are?
             Read this fascinating   Keynote Address delivered by Shri S. S.
Mundra, Deputy Governor, Reserve Bank of India at the Conference on Financial
Literacy organised by College of Agricultural Banking at Pune on June 15, 2015) Financial
Education: B...
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IDRBT Banking Application Contest (IBAC) – 2016
          All banking enthusiasts are requested
to don their thinking hats.           IDBRT has announced the first ever
Banking App Contest. In short - IDBRT IBAC 2016. Q: What is IBDRT? Ans: Institute for Development and Research
in Banking Technology (ID...
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251 techniques to perk up Safe eTransactions in India-Part 1
Phase
I – All Metros Phase
II - All Tier I and Tier II towns Phase
III – All Tier III and IV towns Phase
IV – All Tier V and VI towns  The Most Important:  All Household LPG cylinders delivery staff be
equipped with Mobile POS Machines. Payment through Mobi...
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RBI imposes INR 20 lacs penalty on The Hubli Urban Co-operative Bank Ltd., Hubli, Karnataka
A hefty fine of INR 20 lacs (Rupees Twenty
lakh only) has been imposed   ‘The Hubli Urban Co-operative Bank Ltd.,
Hubli, Karnataka’, by Reserve Bank of India. This fine is for violation of Reserve Bank
of India’s instructions for irregularities in cheque di...
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LessCash techniques at India’s Kumbh Melas
          In the next one year, India will be
hosting two mega gatherings of mankind. In a span of 45-60 days, a couple of
crores will descend on Nashik  for Nashik Kumbh Mela  and Ujjain for Ujjain Kumbh Mela            These are gatherings which take plac...
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nprashant nayakanti

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RBI imposes penalty on The Banaskantha Mercantile Co-operative Bank Ltd., Palanpur, Dist. Banaskantha (Gujarat)
The Reserve Bank of India has imposed a
monetary penalty of ₹ 5.00
lakh (Rupees Five Lakh only) on The Banaskantha Mercantile Co-operative Bank
Ltd., Palanpur, Dist. Banaskantha (Gujarat). The monetary penalty is for violations of
the directives/guidelines ...
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RBI to work on July 1, 2015 to facilitate public transactions
          The Reserve Bank’s accounting year is
July to June. Hence, the Reserve Bank remains closed for
public transactions every July 1 on account of its annual closing of accounts On a review and in order to facilitate the
settlement of market transactio...
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Mudra Bank ATM Cards-One step forward, two steps backward
          Government of India is making all
efforts to migrate cash transactions to Safe eTransactions. The ‘Draft
Proposals For Facilitating Electronic Transactions’ invites suggestions
from general public to increase the number of Safe eTransactions in ou...
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Indian Banks to stay closed on 2nd and 4th Sat from July 15 2015
 Indian
Bank Branches will be closed on all second and fourth Saturdays from July 15th. This is as per the pact between public
sector bank (PSB) employees and officers with the management. T M Bhasin, chairman of the Indian Banks’
Association (IBA), said th...
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Boosting Electronic Transactions in India. Contribute now
          Government of India has placed draft
proposals for facilitating electronic transactions in India in public domain.           The draft has a caveat: (The Proposals
placed below are only at the draft stage and are being placed here to obtain
public...
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RBI imposes penalty on The Junagadh Commercial Co-operative Bank Ltd., Junagadh (Gujarat)
The Reserve Bank of India has imposed a
monetary penalty of ₹ 5.00
lakh (Rupees Five Lakh only) on The Junagadh Commercial Co-operative Bank Ltd.,
Junagadh (Gujarat).           The monetary penalty is for violations
of the directives/guidelines of the Reser...
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Have him in circles
132 people
Jeyaprakash A's profile photo
RAKESH PATEL's profile photo
Sasi Kumar's profile photo
mohan raghava's profile photo
Mihir Purohit's profile photo
ranjith duraisamy's profile photo
Sindhu Vinod's profile photo
Mr.D.Anandan MCA's profile photo
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