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6 days ago · Public Provident Fund (PPF) account is one of the most popular long term investment options for individuals with low-risk appetite as both the money in the PPF account and the returns it generates are guaranteed. This account can be opened with a minimum investment of Rs. 500 and the current PPF interest rate for Q2 FY 2024-25 is 7.1%.
5 days ago · Banks issue credit cards as well as debit cards. Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted. Which is the best description of services offered by a consumer bank? depository accounts, loans, mortgages, credit cards, safety deposit boxes.
3 days ago · Money Market: The money market is where financial instruments with high liquidity and very short maturities are traded. It is used by participants as a means for borrowing and lending in the short ...
2 days ago · Banking Fundamentals – Types of Banks. Banks play a pivotal role in the financial ecosystem by providing essential services to individuals, businesses, and governments. Understanding the various types of banks is crucial to comprehend their specific functions, regulatory frameworks, and roles within the broader economy.
7 hours ago · Renewable energy (or green energy) is energy from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power and hydropower. Bioenergy and geothermal power are also significant in some countries. Some also consider nuclear power a renewable power source ...
3 days ago · Temenos has installed solutions in over 3,000 banks. The Model Bank approach enables you to leverage this accumulated expertise and to focus on the areas where you have competitive differentiation or innovation strategies. “As the first Moroccan bank to open in China, this expansion will act as a catalyst for economic relations between Africa ...
3 days ago · Bank Probationary Officers (PO) A Bank Probationary Officer (PO) job is highly coveted in the banking sector. To secure this position in a public-sector bank, you must pass an exam conducted by the Institute of Banking Personnel Selection (IBPS). Private sector banks may have different requirements.
