Author: Raghav Chadda

Yes Bank is classified by the Reserve Bank of India as a private sector bank. However, following its March 2020…

AEPS stands for Aadhaar Enabled Payment System. It is a bank-led digital payment framework developed by the National Payments Corporation…

AMB stands for Average Monthly Balance. It is the minimum average balance that a bank requires account holders — primarily…

ICICI Bank is a private sector bank. It is not a government bank. The Government of India holds no majority…

NPS stands for National Pension System. Millions of Indians in the private sector, gig economy, and small businesses have no…

State Bank of India is a Government of India owned public sector bank — and not just any government bank.…

UCO Bank may not be as widely recognised as SBI or PNB — but for anyone considering using its services…

AMC stands for Annual Maintenance Charge. In banking, AMC refers to a yearly fee charged by a bank for maintaining…

APBCR stands for Aadhaar Payment Bridge Credit Receipt. It is a transaction label that appears in bank statements, passbooks, and…

Union Bank of India is a Government of India owned public sector bank. It is not a private bank. The…