ATM card: GK, General Studies and Current Affairs

Payment Banks

Payments banks are a new model of banks conceptualised by the Reserve Bank of India (RBI) to meet government’s financial inclusion target. It will be set up as a differentiated bank and will confine its ..

SBI allows depositors to withdraw cash from its Point of Sale (PoS) devices

In a bid to ease the cash crunch, the State Bank of India (SBI) has decided to allow depositors to withdraw cash from its Point of Sale (PoS) devices available with merchants. This “[email protected]” facility ..