What is BHIM (Bharat Interface for Money)?
Bharat Interface for Money (BHIM) is a state-owned mobile payments application developed by the National Payments Corporation of...
What is Embedded Lending?
Embedded lending is a financial service that is built directly into a non-banking platform or application. Instead of visiting a bank...
What is Embedded Insurance?
Embedded insurance is an innovative approach that integrates risk protection directly into the purchase journey of a product or service. Instead...
What is Instant Issuance?
Instant issuance is a modern banking service that allows customers to receive payment cards both physical and virtual immediately, without waiting...
What is Digital Account Opening (DAO)?
Digital Account Opening (DAO) refers to the end-to-end online process by which banks and financial institutions allow customers to...
What is Core Banking System?
A Core Banking System (CBS) is the back-end software platform that powers most of a bank’s critical functions. It connects...
What is Account Aggregator?
An Account Aggregator (AA) is a type of non-banking financial company licensed by the Reserve Bank of India (RBI) under the...
What are Neo Banks in India?
Neo banks in India are digital-first financial platforms that offer banking services entirely through mobile apps or web interfaces....
What are Round-Up Savings?
Round-Up Savings is a fintech feature that helps individuals save small amounts of money automatically by rounding up everyday transactions to...
What is Embedded Finance?
Embedded finance refers to the integration of financial services such as payments, lending, insurance, or investments directly into non-financial platforms or...
What is Foreign Exchange (Forex)?
Foreign Exchange, commonly known as Forex or FX, refers to the process of converting one country's currency into another. It...
What is Currency Market?
A currency market, often referred to as the foreign exchange market or Forex, is a global, decentralized marketplace where participants buy,...
What is Commodity Exchange?
A commodity exchange is a marketplace where buyers and sellers come together to trade standardized contracts for raw materials or primary...
What is Spot Market?
A spot market is a public financial exchange where financial instruments, commodities, or goods are traded for immediate delivery and payment....
What is Commodity Market?
A commodity market is a place where raw materials and primary products known as commodities are bought and sold. These markets...
What is Working Capital Ratio?
The Working Capital Ratio, also known as the Current Ratio, measures a company's short-term financial health by comparing its current...
What is Days Inventory Outstanding (DIO)?
Days Inventory Outstanding (DIO) is a financial metric that measures how many days, on average, a company holds inventory...
What is Days Payable Outstanding (DPO)?
Days Payable Outstanding (DPO) is a financial metric that measures the average number of days a company takes to...
What is Equity Financing?
Equity financing is a method by which a company raises capital by selling shares of its ownership to investors. Instead of...
What is Money Market Fund?
Money market funds are a category of mutual funds that invest primarily in high-quality, short-term debt instruments such as treasury...
What are Foreign Banks?
Foreign banks are financial institutions that are incorporated in one country but operate branches, subsidiaries, or representative offices in another country....
What are Co-operative Banks?
Co-operative banks are financial institutions established with the primary objective of providing banking and financial services to their members. Unlike commercial...
What are Regional Rural Banks?
Regional Rural Banks (RRBs) are specialized financial institutions created to improve banking services in rural areas of India. Established under...
What are Private Sector Banks?
Private Sector Banks are financial institutions owned and operated by private entities, such as individuals, corporations, or groups of investors....
What are Public Sector Banks?
Public Sector Banks (PSBs) are financial institutions in which the majority stake more than 50% of the ownership lies with...
What is ATM Receipt Printer?
An ATM receipt printer is a built-in device in Automated Teller Machines (ATMs) that generates printed transaction records for customers....
What is ATM Screen Display?
An ATM (Automated Teller Machine) screen display is the visual interface that users interact with when conducting banking transactions. Located...
What is an ATM?
An Automated Teller Machine (ATM) is a self-service electronic machine that allows bank customers to perform basic banking activities without needing...
What is Salary Account?
A salary account is a type of bank account specifically designed for employees to receive their monthly salary. Instead of transferring...
What are MSMEs?
Micro, Small and Medium Enterprises (MSMEs) are businesses that operate at a scale smaller than large corporations and play a vital role...
