A salary account is a specialised type of bank account designed for the credit of regular salary income from an employer to an employee. It forms a crucial...
The Sand Dollar is the world’s first fully deployed Central Bank Digital Currency (CBDC), officially issued by the Central Bank of The Bahamas. Launched nationwide in 2020, the...
Saral Jeevan Bima is a standardised term life insurance product introduced in India to promote simplicity, transparency, and wider insurance coverage. It was mandated by the insurance regulator...
Saving deposits constitute one of the most fundamental components of the banking system, representing deposits accepted by banks from individuals, households, and small institutions primarily for the purpose...
Say-on-Pay resolutions refer to shareholder votes on the remuneration policies and compensation packages of a company’s top executives and directors. These resolutions are a key instrument of corporate...
Scenario analysis is a systematic analytical technique used to evaluate how different hypothetical future events or conditions may affect financial performance, risk exposure, and strategic outcomes. In banking...
Scheduled Bank Status refers to the recognition granted to banks that are included in the Second Schedule of the Reserve Bank of India Act, 1934. This status signifies...
President Pranab Mukherjee has imposed Present’s Rule (State Emergency) in the state of Uttarakhand in the wake of constitutional breakdown under Article 356 of Constitution. In this regard,...
The Union Ministry of Health and Family Welfare launched India’s first indigenous rotavirus vaccine named Rotavac to combat infant mortality due to diarrhoea. It was launched by Union...
Late Capt. Shankar Laxman was posthumously chosen for the 2016 Major Dhyan Chand Lifetime Achievement Award. The award carrying purse of Rs. 30 lakh was accepted by his...
