MUDRA Yojana – PMMY (Part-II)

FAQs about MUDRA Yojana – PMMY   I am an artisan specialising in Jari work. I want to start my own work instead of doing job work for others. Can…

MUDRA Yojana – PMMY (Part-I)

FAQs about MUDRA Yojana – PMMY   What is MUDRA? MUDRA, which stands for Micro Units Development & Refinance Agency Ltd., is a new institution being set up by Government…

The Universal Postal Union (UPU)

The Universal Postal Union (UPU, French: Union postale universelle) is a specialized agency of the United Nations that coordinates postal policies among member nations, in addition to the worldwide postal…

RuPay Card

It was recently revealed by the National Payment Corporation of India (NPCI), a government agency, that RuPay-branded credit cards would be launched in less than 10 months from now. Lalatendu…

BCCI

The Board of Control for Cricket in India (BCCI), headquartered at Mumbai in West Indian state of Maharashtra is the national governing body for all cricket in India. The board…

MUDRA Bank

  Prime Minister Narendra Modi is launching Mudra Bank on Wednesday which will  benefit small entrepreneurs and will also act as a regulator for ‘Micro-Finance Institutions (MFIs). The Micro Units…

Make in India

Purpose Job Creation, Enforcement to Secondary and Tertiary sector, Boosting national economy, Converting India to a self-reliant country and to give the Indian economy global recognition. Make in India is an…

NOSTRO AND VOSTRO ACCOUNT

NOSTRO ACCOUNT A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. Nostro accounts are used to facilitate settlement of foreign exchange…

Digital India Programme

Union Cabinet launched the Digital India Programme. The programme is worth 1 lakh crore rupees and seeks to transform the Indian economy into a digitally empowered knowledge economy. The Digital…

Core Banking Solutions (CBS)

The term CORE means – Centralized Online Real-time Exchange. What is CBS? CBS refers to the software applications for recording transactions, storing customer information, calculating interest and completing the process…

Leading Organizations of Different Fields

Housing — NHB Agriculture — NABARD Industries – IDBI Sick industries — IIBIL Small industries — SIDBI Micro industries — NEF ( National Empowerment Fund) Banks – RBI Infrastructure — IIFCL