Aadhaar is a 12-digit unique identification number issued by the Unique Identification Authority of India (UIDAI) to residents of India. The primary goal of Aadhaar is to create...
The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit from ₹2,000 to ₹5,000, which aims to encourage digital transactions. The new rules were announced...
India’s Unified Payments Interface (UPI) reached a milestone in October 2024, recording 16.58 billion transactions in one month. This marks a 45% increase from the previous year. The...
The Aadhaar Enabled Payment System (AEPS) is transforming banking access in rural and semi-urban regions. It utilizes Aadhaar numbers and biometric authentication for seamless transactions. This system promotes...
The polar bear (Ursus maritimus) is a large predatory mammal native to the Arctic and surrounding regions. Closely related to the brown bear, with which it can hybridise,...
Banking plays important role in economic development and financial inclusion. It provides essential services to individuals and businesses, facilitating growth and stability. Historical Context Pre-Independence Banking Landscape Before...
Gold monetisation initiatives are government schemes in India which aim to mobilise the vast amounts of gold held by individuals and institutions. The goal is to enhance liquidity...
