There are two types of banks in India on the basis of ownership viz. Public Sector banks and Private Sector banks. We have covered these two categories in our post " Difference Between Nationalised, Public And Private Sector Bank " in detail. In this … [Read more...]
Important Banking Terms
If you want to make a career in any field it is important that you are aware of basic terminology and jargon of that area. So if you want to join the banking industry. it is pertinent that you have a understanding and familiarity with the commonly … [Read more...]
Payments Banks And Small Banks
Payments banks There is a need for transaction and savings account for the under served in the population. The remittance (payments) has micro-economic benefit for both the recipient and also the area receiving it. But higher transaction cost … [Read more...]
Difference Between Nationalised, Public And Private Sector Bank
It is important to understand the difference between nationalised bank, public and private sector. This is one of the favourite topics of paper setters and interviewers in many banking exams and interviews. Let us take a look at some important … [Read more...]
Guidelines For New Bank License
After the nationalization of the banks in 1969 and 1980s the banking sector has been completely under the control of government. From 1993 to 2001, the private banks that came into being were not sponsored by the bigger industrial/business houses. As … [Read more...]