What is Omnichannel Technology? Customers are now accustomed to personalized ads like movie recommendations, suggestions for shopping or courses they can study, funds they can invest in, or insurance they…

What is Online Banking System?   Online banking is also known as web-banking or Internet banking. It also includes mobile banking. It is an electronic payment system that allows the…

What is Fintech? The term Fintech is derived from the words Financial Technology. It refers to the encompassing of modern, improved technology into financial services to provide better facilities to…

What is FinTech? FinTech is not only an abbreviation for Financial Technology but also refers to an innovative technology used for providing improved financial services that are compatible with the…

The evolution of financial technology has been one of the most impressive accomplishments of the past decade. The banking industry, in particular, has been at the forefront of digital innovation.…

What are Private Banks? Private banks are owned by partners or individuals and the shareholders that have a majority stake in private banks, apart from the government. So simply put,…

Nationalised banks in India are an important part of the country’s financial infrastructure. The government oversees nationalised banks and they come under the Banking Regulation Act of 1949. Public sector…

What is liquidity in banks?  Liquidity can be termed as the banks’ capacity to fund the increase in their assets and meet the expected or unexpected financial obligations when they…

What is Retail Banking? Retail banking is a form of commercial banking. It aims to provide financial services to individuals and families rather than businesses or institutions.  Hence, it is…

The business of banking is vast and packs in a plethora of services. Within the banking business, there are different types of banks that cater to different kinds of customers…