During my service life spanning more than 34 years in State Bank of India so far, there have been a large number of memorable incidents and as such, I can recall them vividly. Incidentally, if I narrate all of them,
Have you heard the slogans “Aap ka bank aapki jeb mein” / “Your bank is in your pocket”? It is absolutely true when it comes to ‘Mobile Banking’. It is a service provided by a Financial Institution (FI) that allows its customers
It was a working day and as usual, I was very busy in office. Suddenly at around 11.30a.m., I got a call from one of my very close ex-colleagues. He appeared to be very nervous as his voice was trembling.
Internet Banking also known as Online Banking, e-Banking, or Virtual Banking, is an electronic payment system that enables customers of a Financial Institution to conduct a range of financial transactions through the Bank’s / Financial Institution’s website. The Internet Banking system typically connects to or is part of the Core Banking System(CBS)
Apart from Debit Card and Credit Card, there is another variety of card viz. Prepaid Card. As the name suggests, Prepaid Cards work on the theme of pay now and use at your convenience, very similar to prepaid mobile phone
While Debit Cards (Also, popularly known as ATM Cards) are all pervasive, population of Credit Cards is much smaller. This is mainly because (i) it is issued on the basis of credit worthiness / rating of the person and (ii)
In the modern days, can you think of life without a Card, more precisely a Debit Card”? Even an illiterate (but number literate) has a plain vanilla Debit Card; thanks to Prime Minister Jan Dhan Yojana. But do we know