banking and financial how to articles

Banking & Finance

Now Cheques and Drafts With Three Months Validity

Reserve Bank of India i.e. RBI the controlling body of Indian Banking Transaction system has reduced the validity of Cheques or draft issued to three months from six months. This new rule will be applicable from 01 April 2012. Reserve Bank of India ...

Now Cash Deposit ATM’s By SBI &amp; Axis Bank

Banking & Finance 3

It's time for big relief to millions of customers and bank as well from the long queue at the bank branches for Cash Deposit. Now customers can deposit their Cash to their Account through ATM's itself. No Need to visit branches. This will save ...

Why Gold and Silver Prices in India Falling ?

Banking & Finance

Few week earlier all the investor and companies dealing in Mutual fund were mad about the buying or Investing in Gold or Silver. After a week what does it happen that there is sudden fall in prices of Gold and Silver. India is the top buyer of ...

What are the Foreign Currency Remittance Charges ?

Banking 1

Previous post I have provided the information on How To remit the money in Foreign Currency or abroad ? This section I will provide you the various information related to service charges and time duration required for remitting cash. Amendment in ...

RBI Hikes Key Repo and Reverse Repo rates, Loan To Costlier

Banking & Finance

What could be more painful for Middle Class consumers in India ? After sky rising Inflation, it's RBI who is sucking more blood out of the body slowly and slowly. One side the Central bank is saying that they are more towards making the Banking ...

What is The Rate on NRO Fixed Deposits with or Without PAN Card ?

Banking & Finance 5

A Non-Resident Ordinary (NRO) account is as like normal saving bank account which is opened by any Indian staying or going to outside India permanently or for an indefinite period with reason of staying or vocation or getting employment other ...

RBI Credit Policy Makes Loan Costlier, Hikes Deposit Rates

Banking & Finance 1

There is nothing new again in Reserve Bank of India (RBI) Mid Year Credit Policy. Now, even a common man guess much about the Credit Policy of RBI. As usual RBI has increased the its benchmark rates by 25 basis points to 7.50 per cent, hiked ...

How To Pay SBI Credit Card Bill By NEFT ?

Banking & Finance 1

Are You Holding a SBI Credit card and always get late on paying Credit Cards Bills, Just because you don't have SBI Saving Account ? Now No need to worry about , since I too have had the State Bank of India credit card and It always happened to me. ...

RBI Credit Policy, Key Rates Changes

Banking & Finance

Reserve Bank Of India (RBI) has announced the Credit Policy for Year 2011-12. This credit policy has increased the key Rates and Deposit rates to some extent to check Inflation. Key Changes in RBI Credit Policy 1. REPO Rate (rate at which it lends ...