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Financial Awareness Notes

Review concepts in Financial Awareness for competitive examinations to help you get better in the subject. We have the following notes that you can review one at a time. Click on the topics to further filter concepts you want to focus on.

Payments Bank All You Need to Know

Payments Bank: All You Need to Know

Payments Bank: All You Need to Know In 2013, Committee on Comprehensive Financial Services for Small Business and Low Income Households headed by Nachiket Mor, was formed by the RBI. That committee recommended the formation...
Difference Between RTGS and NEFT

Difference Between RTGS and NEFT

Difference Between RTGS and NEFT Today we are presenting you a short note on Difference Between RTGS and NEFT. The objectives, working, and examples are given below:What is NEFT It is National Electronic Fund Transfer. Objective Its main...

Shadow Banking System Definition & Example

Shadow Banking System Definition & Example Today we are presenting you a short note on Shadow Banking System Definition & Example. The history, meaning, points to remember and examples are given below:History The term SHADDOW BANKING first...
Difference Between Retail Banking and Corporate Banking

Difference Between Retail Banking and Corporate Banking

Difference Between Retail Banking and Corporate Banking Today we are presenting you an important topic regarding Difference Between Retail Banking and Corporate Banking. In simple and easy language banking is an institution which deals with...
Important Acts or Laws Related to Indian Financial System

Important Acts or Laws Related to Indian Financial System

Hi Aspirants, Today we are presenting you a short note on important Acts or Laws Related to Indian Financial System which is very important for your upcoming examinations. You can expect 2-3 questions from this...
Important Codes or Numbers Used in Financial System

Important Codes or Numbers Used in Financial System

Hi Aspirants, Today we are presenting you a short note on important Codes or Numbers Used in Financial System which is very important for your upcoming examinations. You can expect 2-3 questions from this chapter.Indian Financial...
Private Sector Banks in India: All You Need to Know

Private Sector Banks in India: All You Need to Know

Private Sector Banks in India: All You Need to Know Today we are presenting you a brief note on Private Sector Banks in India. In 1993, the Reserve Bank of India (RBI started issuing new private...
Nationalised Banks in India: All You Need to Know

Nationalised Banks in India: All You Need to Know

Nationalised Banks in India: All You Need to Know Today we are presenting you a brief note on Nationalised Banks in India. Nationalisation is a process by which a government can take over a private entity and...
State Bank of India - Know Your Bank

State Bank of India – Know Your Bank

State Bank of India - Know Your Bank Today we are presenting you a short note on State Bank of India. Today State Bank of India (SBI) has merged with its remaining five associate banks called State...
History of Banking in India

History of Banking in India

History of Banking in India Banking in India originated in the last decades of the 18th century. The origin of modern banking in India dates back to 1770, named “Bank of Hindustan” was started by...

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