The cashless world after demonetization is no longer imagination for all of us, we might get there sooner than we think. While the idea of a cashless society is appealing, the challenges of implementation are huge.Today various modes of digital payments for cashless transactions are available such as Internet Banking and Mobile banking but these cashless solutions are heavily dependent on active internet connection and some people find it difficult to pay digitally due to poor or no internet connectivity. In this article, I will cover some of few options viable payment options which can be leveraged even without active ... Read More

NIFTY is introduced by National Stock Exchange (NSE) for equity markets and it is a major stock index in India. It is owned and managed by Indian index services and products (IISL).NIFTY represents top stocks of National Stock Exchange (NSE) just like SENSEX, which represents top stocks of BSE (Bombay stock Exchange). It is a major indicator of market movement.The National Stock Exchange (NSE) is India’s leading stock exchange.NSE provides a modern, fully automated screen based trading system.NSE network stretches to more than 1500 locations in the country and supports more than 2, 30, 000 terminals.NSE and Singapore Exchange (SGX) ... Read More

The IBPS notification for a specialist officer is released. This is a dream opportunity for many aspirants who are aiming at prestigious bank jobs. Here is a piece of comprehensive information about how to prepare for IBPS specialist officer job.How IBPS specialist officer is different from other IBPS jobs?Candidates already preparing for IBPS jobs might be aware that there is a focus on quantitative aptitude, reasoning and general awareness sections. For IBPS aspirants already preparing for officer exams, the preparation for specialist exam needs focuses on the core areas for which they are applying for.In general, the IBPS recruits specialist ... Read More

People take bank loans for many purposes, like purchasing houses, purchasing vehicles, educational purposes, or to meet the unforeseen personal expenses. Banks provide short term and long term loans at fixed or variable interests, to be repaid in a fixed period of time.Banks provide both secured and unsecured loans. Let us see what are they.Secured loanSecured loans are those types of loans that can be protected by using an asset or a collateral of some kind. The type of item that is being purchased by the person, then collateral such as his car or house can he used to keep ... Read More

PhonePe is a very popular and useful application especially in today’s era of digitization. The app is named after Fin-Tech company, the headquarters of which are in Bangalore, India. It is quite recent, as it was found in December 2015.Uses of PhonePe1. Mobile recharge: By using this app, you can get your mobile phone recharged very easily. You simply need to mention the amount, phone number and the appropriate mobile operator's name. You can even browse plans. You don’t have to load funds into your wallet for the recharge. Rather, you can make payments from your bank account by using ... Read More

The online market is worth millions at the moment and there is a complete generation who loves shopping online, especially on EMI. I also purchased a Smart Television on last Diwali and that too on EMIs and still paying. However, I have the satisfaction of giving this as a surprise gift to my ‘die-hard web series’ fan wife who wanted to enjoy the streaming on a larger screen.However, many folks among us get deprived of picking the most needful air-conditioner at the blazing summer or the latest 8th generation laptop for higher studies just because they carry mere a debit ... Read More

CDSL stands for Central Depository Services India Ltd and NSDL stands for National Securities Depository Ltd. Depository refers to an organization which holds the stocks of investors and shareholders. NSDL and CDSL are the two apex depositories in India. Just like banks take care of cash and deposits, they hold bonds, stocks etc for the shareholders in electronic form.Functioning of CDSL and NSDLWe need not send share certificates physically for transfers like in the old days, the NSDL and CDSL help to convert and hold shares in the Demat form. Since their establishment, we received huge contributions from both these ... Read More