Explainer : UPI's Single-block and Multiple-debits Feature
Earlier this week, the Reserve Bank of India (RBI) said that retail payments system Unified Payment Interface (UPI) will soon have a new...
MAS Team | 09 December 2022
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Explainer: All You Need to Know About the Digital Rupee
In a historic step towards a Central Bank Digital Currency - CBDC - the Reserve Bank of India (RBI) has kicked off a pilot launch for specific use...
MAS Team | 05 November 2022
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Rent Payment Through Credit Card May Not be Rewarding Enough Now
A few years ago, nobody would have imagined that people would someday be able to pay their monthly rents with credit cards.
MAS Team | 28 October 2022
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Explainer: Tokenisation of Debit, Credit Cards by 30th September
In order to enhance the digital payment experience and add an extra layer of security, Reserve Bank of India (RBI) has made it mandatory for all...
MAS Team | 02 September 2022
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Explainer: What the Axis Deal Means for Citibank Customers
The Competition Commission of India (CGI) has approved the Rs12,325-crore merger deal between Axis Bank and the Citibank announced on 30th March,...
MAS Team | 30 July 2022
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How to Exchange Your Soiled / Mutilated Bank Notes?
Soiled, mutilated or imperfect currency notes are not useless. Such notes can be exchanged by any bank branch or Reserve Bank of India (RBI) issue...
| 08 July 2022
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How to Activate Internet Banking and Mobile Banking For Post Office Savings Account
Post office savings bank (POSB) account holders can use internet banking services provided by India Post, which is part of the Department of Posts...
MAS Team | 29 April 2022
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Here is How to Check Your Credit Score and How to Rectify it, if you Have Been a Victim of Identity Fraud
A couple of weeks ago, there was a furore on Twitter when several people found to their shock that their credit reports showed loans that they had...
Maya M | 04 March 2022
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Should You Invest in the RBI Retail Direct Scheme?
In November 2021, the Reserve Bank Of India (RBI)’s launched RBI Retail Direct Scheme,
MAS Team | 26 February 2022
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All You Need to Know About the RBI’s New Integrated Ombudsman Scheme
The Reserve Bank of India (RBI)’s- Integrated Ombudsman Scheme (RB-IOS), 2021, which was launched by Prime Minister Narendra Modi last week...
MAS Team | 20 November 2021
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3 Ways To Avoid Penalty on Premature Withdrawal of Fixed Deposits
Bank fixed deposit (FD) or term deposit is one of the most popular investment tools in India and is preferred by investors as it is considered to be...
MAS Team | 05 November 2021
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6 Ways to Protect Yourself Under the New locker Rules
In August 2021, the Reserve Bank of India (RBI) announced new guidelines for bank lockers, where we have analysed in the previous blog post. In this...
MAS Team | 25 October 2021
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7 New RBI Rules For Bank Lockers You Need to Know
In August 2021, the Reserve Bank of India (RBI) in its new guidelines for bank lockers, among other things, stated that to ensure prompt payment of...
MAS Team | 23 October 2021
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Weekly sector: banks up, diversified down
The sectors which gained the most during the week were banks (+9%), financial services (+8%) and non-ferrous metals (+7%). The biggest losers were...
MAS Team | 07 November 2020
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How does deposit protection work in banks?
Did you know that your bank deposits are guaranteed for safety against risk events for an amount up to Rs.5 lakh? If a bank undergoes severe stress...
MAS Team | 10 July 2020
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How to get the most out of travel cards and which are the best ones?
Travel cards or forex cards are a popular mode of carrying foreign currencies on your international travels.
MAS Team | 28 February 2020
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Are External Benchmark-linked Loans worth it? Or Time for Fixed-Rate Loans?
The Reserve Bank of India has asked banks to link their floating rate loans with external benchmarks. Up until now, banks formulated an internal...
MAS Team | 20 September 2019
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Should You Get a Foreign Currency Deposit Account?
NRIs looking to park their money in India face difficulty in choosing the right type of bank account.
MAS Team | 08 June 2019
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Key Difference between Public and Private Sector Banks
There are a number of concerns with the Indian banking sector, with the most important concern being Non-Performing Assets (NPA's)
MAS Team | 22 April 2016
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