Paytm had played an instrumental role in strengthening the digital payment ecosystem in India after demonetization and garnered a huge customer base. However, the current year brought bad luck to the company. The share of Paytm has been tanked...
To maintain global banking health, the Basel committee, with its seat at the Bank of International Settlements, regularly frames some benchmark standards for banks. In this series, Basel-III norms were issued on 3 December 2010. These agreements deal with...
After Russia attacked Ukraine, Western countries have banned Russia’s central bank and removed its several commercial banks from the SWIFT global payment system.
The intention behind this action is to isolate Russia from the international financial system. This action against...
People keep their jewelry and other valuable items in bank lockers so that these expensive items are safe. If you have also kept your gold in the bank locker or you are planning to reserve a locker for yourself...
Bank frauds are becoming common in India. In the past few years, India has seen many bank frauds. These big frauds are crippling the banking health of the country. Once again the case of bank fraud has come to...
From February 25, National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have implemented the T+1 settlement rule. For now, this rule will be applicable to selected shares. Gradually other stocks will be added to this system.
Earlier, foreign investors...
