Banking

Credit Guarantee Scheme for Stand-Up India (CGSSI): Updated Features, Coverage, Tenor & Claims

Credit Guarantee Scheme for Stand-Up India (CGSSI): Features, Coverage & Eligibility

The Credit Guarantee Scheme for Stand-Up India (CGSSI) aims to encourage bank lending to Scheduled Caste (SC), Scheduled Tribe (ST), and women entrepreneurs by providing credit guarantee cover. The scheme, operated by the National Credit Guarantee Trustee Company Ltd. (NCGTC), allows banks to offer collateral-free loans under the Stand-Up India Scheme with reduced risk. Objective […]

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Bharat Aadhaar Seeding Enabler (BASE): Seeding/ LInking Aadhaar with Bank Account Online

Bharat Aadhaar Seeding Enabler (BASE): Seeding/ LInking Aadhaar with Bank Account Online

Bharat Aadhaar Seeding Enabler (BASE) is a government of initiative to provide digital access to the Aadhaar Seeding of individual. This innovative platform empowers residents to link their Aadhaar numbers with Banki account of customer choice in a secure and efficient manner. Let’s understand what BASE is, why it matters, and how it helps streamline

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Banking Codes and Standards Board of India (BCSBI): Objectives, Functions & Importance

Banking Codes and Standards Board of India (BCSBI): Objectives, Functions & Importance

The Banking Codes and Standards Board of India (BCSBI) was established in February 2006 as an independent and autonomous body registered under the Societies Registration Act, 1860. It was formed based on the recommendations of the Committee on Procedures and Performance Audit of Public Services chaired by Shri S.S. Tarapore (former Deputy Governor of RBI).

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national pension scheme

National Pension Scheme: Eligibility and Benefits

Retirement planning is a crucial aspect of financial security, and the National Pension Scheme (NPS) is one of the most popular retirement-focused investment options in India. Launched by the Government of India in 2004, the NPS is a voluntary, long-term retirement savings scheme designed to provide financial stability during old age. It is regulated by

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