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5 Small Finance Bank Interest Rates That Are Better Than Commercial Banks

What Are Small Finance Banks? The Reserve Bank of India (RBI) established Small Finance Banks under the direction of the Indian government to promote financial inclusion by providing basic banking services to underserved and unserved segments such as small businesses, small ...

Budget 2020: Deposit Insurance Hike Do Not Benefit All Depositors

To instill confidence in bank depositors who were witness to Punjab and Maharashtra Commercial Bank's debacle that led to restriction in deposit withdrawal as well as suspension of operation of the bank, there was a call to increase cover for bank ...

9 Ways In Which Payment Banks Are Different From Commercial Banks In India

The Reserve Bank of India (RBI) on Wednesday paved the way for payment banks in India, after giving an in principle approval to as many as 11 entities for the creation of payment banks. These include the likes of Bharti Airtel, ...

What is Marginal Standing Facility or MSF?

MSF is a new monetary tool that came into existence in the monetary policy review for the financial year 2011-2012. The tool serves to reduce the degree of volatility in the inter-bank overnight market. Marginal standing facility is a window ...