Monitoring the progress in use of Hindi in Public Sector Banks is done by the Department of Banking Operations and Development (DBOD), Central Office, Reserve Bank of India. Call Option shall be exercised by the Bank only with the prior approval of RBI (Department of Banking Operations & Dev...
Definition of Banking regulation in the Financial Dictionary - by Free online English dictionary and encyclopedia. What is Banking regulation? Meaning of Banking regulation as a finance term. What does Banking regulation mean in finance?
By definition, a negotiable instrument is a document that includes a promise to pay a certain amount of money to the intended beneficiary. A cheque instructs the bank to pay a certain amount of money from the issuer’s bank to the receiver of the cheque. Clearing Clearing of a cheque is...
Definition:TheKiosk Bankingis the initiative taken by the RBI for those living in villages or other remote areas who are deprived of banking services due to the non-availability of a bank branch in their locality. In such arrangement, the person is not required to go the bank to avail the ...
Cooperative banks work on the principle of cooperation and are owned and operated by their members. In order to support the financial needs of a community, such as a village or a specific community, people come together to pool resources and provide banking services such as loans, savings accou...
I am responsible for adhering to the definition of relatives as prescribed by RBI from time to time for remittances made under ‘maintenance of close relatives’ and in case of 'Gift' purpose the beneficiary is a Non-Resident. The remittance does not constitute any of the following: Remittanc...
BharatPe One is having a high-definition touchscreen display, 4G and Wi-Fi connectivity. It is powered by the latest Android operating system. Quiz Daily Banking Awareness Quiz | 16, 17 and 18 April 2024 Start Quiz Quiz Daily Banking Awareness Quiz | 13, 14 and 15 April 2024 ...
RBI amends FEM (Foreign Currency Accounts by a Person Resident in India) Regulations to align it with the updated startup definition Circulars & Notifications 23 Nov 2024 RBI & SEBI roll out process for reclassification of FPI’s holding to FDI Opinion 20 Nov 2024 Decoding operational framewor...
Definition: In this section the following words and phrases have the meaning set opposite them unless the context indicates otherwise: 1.1 "digibank" is a banking service provided to the you through the use of Mobile Phone including enquiry about balance in the Account(s), details about transacti...
Definition : Royal Bank of Canada Category : Business » Banking Country/Region : Canada Popularity : Type : Initialism What does RBC mean? Royal Bank of Canada (RBC) is a multinational financial services company headquartered in Toronto, Ontario. ...