Information about bank accounts, FD, RD, PPF, SSA, interest rates, KYC, ATM rules, and government banking schemes explained simply.
The Supreme Court on 28 September 2026 declined to stay the new 0.4% merchant discount rate (MDR) on UPI payments above ₹2,000, which is due to take effect on 15 October. In the UPI MDR Supreme Court hearing, a bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana issued notice to…
A friend who teaches tuition in Bhopal got a nasty surprise in June, the kind of surprise the new bank account debit hold RBI draft is trying to fix. A parent paid her fees by UPI, and two days later her bank froze ₹18,000 in her savings account. Nobody called. She found out when her…
The nationwide bank strike called for 28 to 30 September 2026 has been deferred. The United Forum of Bank Unions (UFBU) announced late on Sunday, 27 September, that it had put off the three-day strike after a late-night meeting in which the Indian Banks’ Association (IBA) agreed to set up a high-level committee on the…
If you park large fixed deposits for a company, trust, HUF or family office, the way banks quote those rates is about to get more public. From 1 October 2026, RBI bulk FD rules force every covered bank to put the day’s bulk deposit interest rates on its website by 10:00 am — with a…
From 15 October 2026, a thin slice of UPI merchant payments stops being free for the shop — while staying free for the person scanning the QR. That is the core of the new UPI MDR charges framework: 0.4% merchant discount rate on specified person-to-merchant (P2M) UPI transactions above ₹2,000, capped at ₹300 when the…
30 September half-year closing overlaps the bank strike. Digital rails ok; cheque and branch-dependent payments need a 25–27 Sep plan.
UFBU’s three-day bank strike hits 28–30 Sep 2026. UPI and digital rails should work; PSU branches may not. Sunday 27 opening and SBI ATM waiver explained.
NEFT vs IMPS vs RTGS compared: 24×7 timings, RTGS ₹2 lakh minimum, free online NEFT, IMPS ₹5 lakh ceiling, charges & when to use which.
UPI Lite vs UPI compared: Lite ₹1,000 per txn and ₹5,000 wallet after RBI Dec 2024; regular UPI ~₹1 lakh; PIN, top-up and when to use which.
आज के समय में छोटे व्यापारियों, StartUpsऔर entrepreneurs के लिए Mudra Loan एक महत्वपूर्ण financing option बन गया है। यह loan scheme खासतौर पर उन लोगों के लिए बनाई गई है जो छोटा business शुरू करना चाहते हैं या अपने existing business को बढ़ाना चाहते हैं। जब कई लोग Mudra Loan के लिए apply करते…