Dear Reader, as far as banking awareness is concerned learning about RBI is vital. We say this because, as you know RBI is the central bank that regulates the banks in our country. You can expect frequent questions on and about RBI both in written exams as well as interviews. You would remember that a […]
Banking Awareness: Facts About NEFT and RTGS
Dear Reader, this post discusses two important types (NEFT and RTGS) of funds transfer. This information will help you in banking awareness section. NEFT: NEFT stands for National Electronic Fund Transfer. It is used to transfer funds from one bank to another across the country. NEFT is a service by RBI. There will be time […]
Banking Awareness: Must Know Facts About RBI Governor
Dear Reader, to improve your Banking awareness, you should have good knowledge about the banking sector. RBI is the central bank of the country which is responsible for the working of all commercial banks. So you should be aware of all key details about RBI. In this tutorial, you will get complete knowledge about the […]
Banking Awareness: 20 Important Facts About NABARD
Dear Reader, You should know that NABARD supports rural India by increasing the credit flow for development of agriculture. Below are 20 facts which every candidate must know. This list will help you in banking awareness section. National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India. NABARD replaced the […]
Banking Awareness: 20 Important Points About Bank Ombudsman
Dear Reader, for bank exams you should have sufficient knowledge about bank roles and functions. As you know, “Bank Ombudsman” is an important position in the banking sector. Below you will find 20 important points regarding that role. The Banking Ombudsman (BO) Scheme enables an expeditious and inexpensive forum to bank customers for resolution of […]
30 Important Facts About RBI You Should Be Proud Of
Dear Reader, You already know Reserve Bank of India is the pillar of surging (growing) Indian economy. Below are 30 facts which every Indian (not just candidates) must know. RBI is the central banking institution, which controls the monetary policy of the Indian rupee. RBI was established on 1st April 1935, under the Reserve Bank […]
25 Remarkable Moments in Banking History
Dear Reader, Indian banks have a fascinating history, which you should be proud of. Below are 25 unforgettable moments every candidate must know. This interesting list could help you in banking awareness section. First bank established in India: Bank of Hindustan in 1770 First bank to be managed by Indian Board is Oudh Commercial Bank. It is […]
For Unusual Easy Marks, You Must Know The Headquarters of 45 Banks
Dear Reader, you know that the bank exams have become more difficult. You may take a lot of time to solve each question. But there are some questions that you can answer in a fraction of a second. In the past, there were few questions on headquarters and taglines of banks. If you get these […]
25 Important Events in Banking History
Dear Reader, here is your list of years with 25 Important events in banking history. These are very basic information and will help you in Banking Awareness section in IBPS, SBI and other banking exams. 1770 – Bank of Hindustan established. 1786 – General Bank of India established. 1806 – Bank of Bengal established. 1840 […]
25 Banking Abbreviations To Remember At Your Finger Tips – Part 3
Dear Reader, we posted part 1 & part 2 of banking abbreviations list a few days back. Here is your part 3 with 25 more abbreviations. ACF – Auto Correlation Function AFS – Annual Financial Statement AMFI – Association of Mutual Funds in India ALM – Asset Liability Management BSBDA – Basic Savings Bank Deposit […]