Unclaimed Money Lying in Financial Institutions
Have you ever wondered whether unclaimed money lying in financial institutions could actually belong to you or someone in your family? Surprisingly, thousands of crores of rupees remain unclaimed across banks, insurance companies, mutual funds, provident funds, and other financial institutions in India. Many people are unaware that forgotten savings accounts, matured insurance policies, unclaimed […]
How Inflation Affects The Rate of Interest🤔
Inflation and interest rates are two of the most powerful forces shaping any economy. They influence everything from the price of groceries to the cost of borrowing. But how exactly does inflation control interest rates🤔 Let’s break it down. 💸High Inflation=High Interest Rates~ Central bank like RBI use interest rate as a primary tool to […]
The RBI’s New Cheque Clearance System🤯
The RBI’s new cheque clearance system is a game changer! Introduced on October 4, 2025. It is designed to clear cheque within few hours, replacing the old system that took upto two working days. Objective~ The main aim is to enhance efficiency, reduce settlement risk, improve customer experience and make banking more faster and transparent. […]