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Day 4: Payment Banks- Banking Awareness (in Hindi)
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For Daily Current Affairs from the Hindu and other sources..one stop solution..Visit my Unacademy Profile or Go to this link https://unacademy.com/lesson/1st-jan-2019-part-1-daily-current-affairs-the-hindu-analysis/QCU2ITQF

Banking Chronicle Guild
Banking Chronicle - "I Can And I Will" With Ankush Lamba, Kapil Kathpal & Niharika John Mehra

U
Unacademy user
sir, if I'm a beginner then this banking chronicle guild series for GA & BA is sufficient or should I follow any other source too with this series. the problem is that there many sources available so as a student everytime I distract and but can't follow my targets just because of much quantity of material. so I need your suggestion.
Just follow this...more than sufficient
Virat Pandey
a year ago
should I make the notes for subjects? or listening with focus is a good way of learning.
Shweta Sah
a year ago
u r asking the same things which was in my mind to ask ...I m also want to know this
Virat Pandey
a year ago
yes shweta, some questions daily strike in our mind while preparing and we are blessed to have unacademy and kind of educators who are guiding us personally. we can't get this facility even after paying a huge amount of fee. educators try to reply every questions of the students. thank you sir. happy new year
Rashmi Mishra
a year ago
thank u sir
sir aap jaise padha rahe hai thik hai smjh me aa raha hai. jisko jyada problem aa rahi hai use link provide krwa dijiye wo khud pdh lenge.
sir qns btao nh but add kro jaise ye notes bnye h vaise h sb video ke last me qns aad kro sare ke sare jo aa skte h us topic se plz sir
Pehle saare concepts clear kr lijiye...pir jab ye series complete ho jayegi to quea bi karva dunga
Sachin Yadav
a year ago
ok sir and thanks
kya jitna es banking sries me pdhaa rhe h wo kafi h banking awareness k lie? can i blindly followw......? ya kahi se kuch aur b krna zaruri h?
Kapil Kathpal
a year ago
yes you can blindly follow...no need to follow anything
Kapil Kathpal
a year ago
anything else
thanks for clear our yesterday queries. sir i have an a doubt on payments is there any provision for payments bank ki unko bhi kuch certain amount RBI ke pass as a reserve form mein rkhna padta hai inshort CRR and SLR is applicable on payment's bank or not???
Kapil Kathpal
a year ago
Monetary policy ke waqt is par baat karunga
Shubham Gupta
a year ago
thanku sir one more thing i had observe if payment banks cannot provide loans then what is income source of it because in last class you told us interest margin is the income source of banks and one more thing if my doubt are not relevant then please guide me....
  1. Daily Classes anking & Financial Awareness Banking Exams Kapil Kathpal


  2. * Credit & Risk Analyst (S.O. Post) in a Public Sector Bank. * 7 years Banking experience. Selected as SBI PO and also cracked IBPS PO * Appeared in UPSC Civil Services Mains (2017) Academics: Chartered Financial Analyst (C.F.A.) Masters in Commerce (Accounting & Business Statistics). Diploma in Treasury, Investment & Risk Management. JAIIB & CAIIB Follow me on Unacademy: https://unacademy.com/user/Zinni "RATE REVIEW & RECOMMEND" VERIFIED


  3. Daily Classes anking & Financial Awareness Banking Exams Kapil Kathpal


  4. B. Canara Bank PO & IBPS Clerk 5000+ Daily News AnalySIS Season 1 Current Affairs July to December 2018 The Hindu & other ost December 2018 Kapil Kathpal By: By Kapil Kathpal By Kapil Kathpal 5000 MCQs Current Affairs: IBPS Clerk and Canara Bank PO (Hindi) The Hindu Analysis- Daily Current Affairs With MCQ. Sure Shot 90% marks in General Awareness


  5. Small Finance Banks These banks provide basic banking service of acceptance of deposits and lending. The aim behind these to provide financial inclusion to sections of the economy such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities. Features are: The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore. They are promoted either by individuals, corporate, trusts or societies The promoter's contribution should be at least 40 Percent. Required to extend 75 per cent of its Adjusted Net Bank Credit (ANBC) to the sectors eligible for classification as priority sector lending (PSL) by the Reserve Bank At least 50 per cent of its loan portfolio should constitute loans and advances of upto Rs. 25 lakh. Kapillkathpal


  6. Some more fact V The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore. In view of the inherent risk of a small finance bank, it shall be required to maintain a minimum capital adequacy ratio of 15 per cent of its isk weighted assets (RWA) on a continuous basis subject to any tigher percentage as may be prescribed by RBl from time to time. Tier I capita should be at least 7.5 per cent of RWAs. Tier II capital should be limited to a maximum of 100 per cent of total TierI capital The small finance bank shall be registered as a public limited company under the Companies Act, 2013. It will be licensed under Section 22 of the Banking Regulation Act, 1949 and governed by the provisions of the Banking Regulation Act, 1949; Reserve Bank of India Act, 1934.


  7. On 17 July 2014, the Reserve Bank of India (RBI) released the draft guidelines for small finance banks, seeking comments for interested entities and the general public. The final guidelines were released by RBl on 27 November 2014 In February 2015, RBI released the list of entities which had applied for a small finance bank license. There were 72 applicants. It was also announced that an external advisory committee headed by Usha Thorat will evaluate the license applications. On 17 September 2015, The Reserve Bank of India (RBI) announced that it had given provisional licenses to 10 entities who would have to convert into Small Finance Banks within one year. 8 out of these 10 entities are microfinance NBFCs reiterating RBl agenda of financial inclusion K pil kathpal


  8. The Reserve Bank of India (RBI) given "in-principle" approval to the following 10 applicants to set up small finance banks: Names of selected applicants: 1. Au Financiers (India) Ltd., Jaipur 2. Capital Local Area Bank Ltd., Jalandhar 3 Disha Microfin Private Ltd, Ahmedabad 4. Equitas Holdings P Limited, Chennai 5. ESAF Microfinance and Investments Private Ltd., Chennai 6. Janalakshmi Financial Services Private Limited, Bengaluru 7. RGVN (North East) Microfinance Limited, Guwahati 8. Suryoday Micro Finance Private Ltd., Navi Mumbai 9 Ujivan Financial Services Private Ltd, Bengaluru 10.Utkarsh Micro Finance Private Ltd., Varanasi


  9. Pavment Banks These banks can accept a restricted deposit which is currently limited to Rs. 1 lakh per customer and may be increased further. These banks cannot issue loans and credit cards. Both current account and savings accounts can be operated by such banks. Payments banks can issue services like ATM cards, debit cards, net banking and mobile-banking The minimum capital requirement is Rs. 100 crore. For the first five | years, the stake of the promote should remain at least 40% Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India The bank can accept utility bills. It cannot form subsidiaries to undertake non-banking activities Kapil Kathpal


  10. Some more fact V It shall be required to maintain a minimum capital adequacy ratio of 15 per cent of its risk weighted assets (RWA) on a continuous basis, subject to any higher percentage as may be prescribed by RBI from time to time. Tier I capital should be at least 7.5 per cent of RWAs. Tier Il capital should be limited to a maximum of 100 per cent of total Tier I capital. V The banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949, and will be registered as public limited company under the Companies Act, 2013


  11. On 19 August 2015, the Reserve Bank of India gave "in-principle" licences to 11 entities to launch payments banks: 1. Aditya Birla Nuvo. 2. Airtel M Commerce Services. 3. Department of Posts. 4.FINO PayTech. 5. National Securities Depository 6 Reliance Industries 7. Paytm 8 Vodafone M-Pesa Bharti Airtel launched India's first live payments bank in March 2017. Cholamandalam Distribution Services, Sun Pharmaceuticals and Tech Mahindra have surrendered their licenses. Kapil Kathpal


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