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Banking

General

MINIMUM BALANCE RULES WITH BANKS IN INDIA AND AMB

Average monthly balance (AMB) is now a mandate from banks to keep or hold a savings account. The minimum balance varies depending upon the demographics of the bank. It may be in urban, rural, semi-urban or metro area. Major leaders…

General

All you need to know about Cancelled cheque and its uses

Amongst the various instruments available in the market, cheques are the most popular ones. They are a traditional method of banking and making money transactions. With the technological advancements and upgrading of the systems, people now days prefer using the…

General, Personal Finance

Banking in India- Types of Banks

Banking is no new term to anyone be it homemakers, salaried people, businessmen, farmers, students or any other profession. Especially the Indian homes are well connected with banks and banking. The banking industry takes care of the finances of a…

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