Banking in India
Banking in India in the modern sense originated in the last decades of the 18th century. The among the first banks were Bank of Hindustan, which established in 1770 and liquidated in 1829-32; and Gene...
Anand Sinha
Anand Sinha served as a Deputy Governor of the Reserve Bank of India, looking after Urban Banking, Risk Monitoring, Banking Operations & Development, Non-Banking Supervision, Expenditure & Bu...
Deposit Insurance and Credit Guarantee Corporation
Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of Reserve Bank of India. It was established on July 15, 1978 under Deposit Insurance and Credit Guarantee Corporation Act,...
Indian Banks' Association
Indian Banks' Association (IBA), formed on 26 September 1946 as a representative body of management of banking in India operating in India - an association of Indian banks and financial institutions b...
Mobile Payments in India
Mobile payments is a mode of payment using mobile phones. Instead of using methods like cash, cheque, and credit card, a customer can use a mobile phone to transfer money or to pay for goods and servi...
Karam Chand Thapar
Karam Chand Thapar (1900–1963) was the founder of the Thapar Group of companies.He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortu...
Demand draft
A demand draft is a negotiable instrument similar to a bill of exchange. A bank issues a demand draft to a client (drawer), directing another bank (drawee) or one of its own branches to pay a certain ...
Usance
Usance refers to the utilization of economic goods to satisfy needs. In manufacturing, "usance" means "inputs." It is used in "usance bills." This terminology is used in banks in India, when dealing w...
Grama Vidiyal
Grama Vidiyal is a microfinance institution, operating in the Tamil Nadu area of South India. Since 1993, Grama Vidiyal, in partnership with Activists for Social Alternatives (ASA), has provided smal...
Sorabji Pochkhanawala
Sir Sorabji Nusserwanji Pochkhanawala (9 August 1881 – 4 July 1937) was an Indian Parsi banker and one of the founders of the Central Bank of India.
Sorabji Pochkhanawala was born in Bombay (...
Osborne Smith
Sir Osborne Arkell Smith, KCSI, KCIE (26 December 1876 - 30 August 1952) was the first Governor of the Reserve Bank of India, a post he held from 1 April 1935 to 30 June 1937.Smith was a professional ...
RuPay
RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India’s desire to have a domestic, op...