Author: Raghav Chadda

Before BBPS, paying bills in India was an exercise in juggling multiple platforms. Electricity at the MSEDCL portal. Mobile recharge…

AML stands for Anti-Money Laundering. It refers to a comprehensive framework of laws, regulations, policies, procedures, and technological systems that…

PFMS stands for Public Financial Management System. It is a web-based online software platform developed and managed by the Controller…

PO stands for Probationary Officer in banking. It is an entry-level managerial position in Indian public sector and private sector…

POS stands for Point of Sale. In banking and retail, POS refers to both the physical location where a transaction…

Invest a fixed amount every month in a mutual fund, no matter what the markets are doing. That is a…

If banks were left entirely to market forces, they would concentrate their lending in the most commercially attractive segments —…

A loan application can look completely clean on paper and still be entirely fraudulent. Forged salary slips, fake income tax…

UTR stands for Unique Transaction Reference. It is a unique alphanumeric reference number automatically generated by the banking system for…

RRB stands for Regional Rural Bank. Regional Rural Banks are government-owned scheduled commercial banks that operate at the regional level…