scheduled commercial banks Current Affairs, GK & News

Basic Savings Account can be opened in Post Offices

The Ministry of Finance recently notified changes in Post Office Savings Account Scheme, 2019. The ministry notified that a beneficiary of Government welfare scheme can open a basic savings bank account with any post office in the country. What are the changes introduced? The accounts can be opened in an India Post Payment Bank or ..

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RBI Trend and Progress Report, 2020

The Trend and Progress report of Reserve Bank of India provides information about performance of the banking sector. This includes non-banking Financial Institutions and cooperative banks. The report also offers perspectives on the evolving outlook of financial sector of India. The report is a statutory compliance of Banking Regulation Act, 1949. Key Findings of the ..

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