Demand Draft (DD): Advantages and Disadvantages
Demand Draft, commonly called DD, may look old-fashioned in the age of UPI, NEFT and IMPS, but it still holds an important place in Indian banking. Many schools, colleges, government…
Debit Cards: Advantages and Disadvantages
Debit cards have become one of the most commonly used banking tools in India. Earlier, people depended heavily on cash for shopping, travel, bill payments, and emergency expenses. Today, a…
Credit Cards: Advantages and Disadvantages
Credit cards have become a major part of modern banking and personal finance. They are no longer used only for luxury shopping or emergency spending. Today, people use credit cards…
Positive Pay System: How it Works? Benefits & Limitations
Cheque fraud is not new in banking. A cheque can be misused by changing the amount, altering the payee name, or presenting a forged instrument. Even though UPI, NEFT, RTGS,…
Top 10 Small Finance Banks in India
India’s Small Finance Banks have emerged as one of the most dynamic and socially impactful segments of the country’s banking sector since the first batch of licences was issued by…