The Atal Pension Yojana (APY) is a government-backed pension scheme launched in 2015 to provide financial security to in the unorganized sector. Regulated by PFRDA, the scheme guarantees a fixed monthly pension of ₹1,000 to ₹5,000 after the age of 60 based on the subscriber’s contribution. Eligibility for Atal Pension Yojana Key Features of APY […]
Atal Pension Yojana (APY) – Eligibility, Details, Benefits Read More »
The Reserve Bank of India (RBI) has postponed the implementation of Phase 2 of the Continuous Clearing and Settlement (CCS) framework for cheque clearing, which was scheduled to take effect from January 3, 2026. The move gives banks additional time to align their systems and operations with the new, tighter timelines. Under the proposed Phase
RBI Defers Phase 2 of Faster Cheque Clearing System Read More »
The Positive Pay System (PPS) is an important security feature introduced by the Reserve Bank of India (RBI) to prevent cheque frauds and enhance the safety of cheque-based transactions. It is a mechanism where the issuer of a cheque confirms the key details of the cheque with the bank before the cheque is presented for
What is Positive Pay System (PPS) – Features, Rules and Limits in Bank Cheque Clearing Read More »
The Kisan Credit Card (KCC) scheme is a government initiative launched in 1998 by the Reserve Bank of India (RBI) and NABARD to provide timely credit support to farmers. It aims to meet the short-term credit needs for cultivation and other allied activities through a simplified process. This article explores the eligibility criteria, benefits, credit
What is Kisan Credit Card (KCC) Scheme? Eligibility, Benefits, Limit, and Rules Read More »
The Enhanced Access and Service Excellence (EASE) Reforms represent a major transformation initiative by the Government of India to revitalize Public Sector Banks (PSBs). These reforms are aimed at enhancing performance, governance, and customer-centric service delivery across India’s public banking sector. Background & Genesis of EASE Reforms The journey began with the “Gyan Sangam” (Knowledge
Enhanced Access & Service Excellence (EASE) | EASE Banking Reforms Read More »
Bank accounts is an essential requirement for everyone, and Government is also emphasising with various programs and schemes to bring everyone towards financial freedom with the bank account. However, people more often not satisfied with the banks service charges these days and troubled with the service charges. Even if you do not care about small
8 Common Service Charges in Bank and Tips to Avoid Them Read More »
