Author: Akash Sharma

Punjab & Sind Bank is a government bank in India. It is owned mainly by the Government of India and officially operates as a public sector bank. Many people search…

ESAF Small Finance Bank is a private sector bank in India. It is not owned by the Government of India and operates under private ownership and management. Many people become…

RRB stands for Regional Rural Bank in banking. Regional Rural Banks are government-supported banks established to provide banking and financial services in rural and semi-urban areas of India. Their main…

SLR stands for Statutory Liquidity Ratio in banking. It is the minimum percentage of deposits that commercial banks in India are required to maintain in the form of liquid assets…

AEPS stands for Aadhaar Enabled Payment System. It is a digital banking system developed by the National Payments Corporation of India (NPCI) that allows customers to perform basic banking transactions…

SMA stands for Special Mention Account in banking. It is a classification used by banks and financial institutions to identify loan accounts that show early signs of financial stress or…

TRTR stands for Transfer Transaction in banking. It is a transaction code commonly seen in bank statements, passbooks, mini statements, and online banking records. Banks use the term TRTR to…

Jana Small Finance Bank is a private sector bank in India. It is not owned by the Government of India and operates under private ownership and management. Many people become…

IMPS stands for Immediate Payment Service. It is a real-time electronic money transfer system that allows customers to send and receive money instantly between bank accounts in India. Developed by…

NACH stands for National Automated Clearing House. It is a centralized electronic payment system developed by the National Payments Corporation of India (NPCI) to simplify bulk transactions between banks. NACH…