Banking Operations

Electronic Funds Transfer (EFT) is a system for transferring money from one bank account to another electronically, without any physical exchange of…

This topic covers how the day-to-day work in a bank branch is actually done using the Core Banking Solution (CBS) software. It’s…

What is the Right to Information (RTI) Act, 2005? The Right to Information Act, 2005 is a landmark law in India that…

Duties of a Banker A banker has two primary and legally binding duties towards its customers. These are the most important part…

Responsibility of Paying & Collecting Banker A complete, exam-ready guide to the duties, statutory protections and key sections of the Negotiable Instruments…

A Negotiable Instrument is a signed document that promises a sum of payment to a specified person or the assignee. The key…

Foreign Currency Accounts for Residents A complete, exam-ready guide to the foreign-currency accounts a person resident in India can hold under FEMA…

Operational Aspects of NRI Business covers the specific rules, procedures, and types of bank accounts designed to meet the banking needs of…

Cheque Clearing Clearing is the process of settling payments between banks for the cheques drawn by their customers on other banks. In…

Operational Aspects of Deposit Accounts” refers to the various procedures, rules, and day-to-day activities that a bank follows to open, manage, and…

Know Your Customer (KYC) is a mandatory process used by banks and financial institutions to verify the identity of their customers. Its…

Digital Banking Units (DBU) – Complete Guide 2026 | IBPS, RBI, SBI, Bank Exams 🏦 Banking Technology · Exam 2026 Digital BankingUnits…

UPI stands for Unified Payments Interface. It is a real-time payment system developed by the National Payments Corporation of India (NPCI), enabling…

Key Features Wide Usability: Card Details: Reloadable Wallets: Wallet Type Maximum Balance Transaction Limit Online Wallet ₹1,00,000 N/A Offline Wallet ₹2,000 ₹500…

A digital channel by Bank of Baroda to offer banking services via WhatsApp. How to Register: Step Description Step 1: Register Yourself – Save the…

Overview Features Eligibility Benefits Usage Setup Transaction Limits for BOB World Wave Transaction Type Limit per Transaction Daily Limit Authentication Contactless (Without…

Overview Key Features Target Customers Eligibility Criteria Benefits Reconciliation and Settlement

A comprehensive digital payment platform for merchants. Provides real-time payment processing through multiple methods: Debit/Credit Cards, Net Banking, and UPI. Ensures secure, reliable, and user-friendly integration for seamless…

2. Key Features of Internet Banking Feature Customer Benefits Bank Benefits Secure Banking 256-bit SSL encryption for secure transactions Cost-effective solution to…

1️⃣ PHISHING 🔹 Simple Definition Phishing is a cyber-fraud technique where attackers send fake emails/messages/webpages to trick users into sharing confidential information…