News & Updates

MSME MSME Credit in India: Udyam Registration, CGTMSE, and Mudra Loans Explained Small businesses have several dedicated routes to formal credit. Here is how Udyam registration, collateral-free CGTMSE-backed loans, and Mudra loans fit together. 14 Jul 2026 · 2 min read GST GST on Banking Services: What Customers and Businesses Should Know Most banking services attract GST, and businesses can often claim input tax credit on it. Here is a plain-language overview of how GST touches everyday banking. 12 Jul 2026 · 2 min read FEMA FEMA Basics: Capital Account vs Current Account Transactions The Foreign Exchange Management Act draws a key distinction between capital and current account transactions, which determines how freely a cross-border transaction is permitted. 10 Jul 2026 · 2 min read Compliance How Regulatory Compliance Actually Works Inside a Bank Compliance in banking is more than following rules — it is a structured function connecting regulation to day-to-day operations. Here is how that function is typically organised. 06 Jul 2026 · 2 min read NRI Banking NRE vs NRO Accounts: Which One Does an NRI Actually Need? Non-resident Indians often need both an NRE and an NRO account for different purposes. Here is how repatriability, taxation, and funding sources differ between the two. 06 Jul 2026 · 2 min read Forex Liberalised Remittance Scheme (LRS): A Practical Guide Understand how much money resident individuals can remit abroad each year under RBI's LRS, what it can be used for, and what banks check before releasing funds. 06 Jul 2026 · 2 min read KYC KYC in Indian Banking: CDD vs EDD Explained Every bank account starts with Know Your Customer checks. Learn the difference between standard Customer Due Diligence and the stricter Enhanced Due Diligence applied to higher-risk customers. 02 Jul 2026 · 2 min read SARFAESI SARFAESI Act: How Banks Enforce Security Without Going to Court First The SARFAESI Act lets secured lenders act against defaulting borrowers' collateral without first obtaining a court decree. Here is the process, step by step. 01 Jul 2026 · 2 min read Digital Banking IMPS vs NEFT vs RTGS: Choosing the Right Fund Transfer Method India offers three main electronic fund transfer rails, each with different speed, timing, and minimum-amount rules. Here is how to pick the right one. 01 Jul 2026 · 2 min read Trade Finance Letter of Credit Basics: How an LC Protects Both Sides of a Trade A Letter of Credit shifts payment risk from the buyer to a bank. Here is how the LC lifecycle works, who the parties are, and why documents matter more than the goods themselves. 30 Jun 2026 · 2 min read Credit Working Capital Finance: Cash Credit vs Overdraft vs Term Loan Businesses fund day-to-day operations differently from long-term assets. This guide compares the common working capital facilities banks offer and when each one fits. 28 Jun 2026 · 2 min read Government Schemes Pradhan Mantri Jan Dhan Yojana (PMJDY) and India's Financial Inclusion Push PMJDY brought millions of previously unbanked Indians into the formal banking system. Here is what the scheme offers and which related insurance and pension schemes are often bundled with it. 27 Jun 2026 · 2 min read