What Are Development Banks in India?
Development banks in India are financial institutions established with the primary aim of providing long-term finance for the development...
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 Debt Management Plan (DMP)?
A Debt Management Plan (DMP) is an informal agreement between you and your creditors to repay unsecured debts such...
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 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 UPI (Unified Payments Interface)?
Unified Payments Interface (UPI) is an instant real-time payment system developed by the National Payments Corporation of India (NPCI)...
What is IMPS?
Immediate Payment Service (IMPS) is a real-time interbank electronic funds transfer system in India. Launched by the National Payments Corporation of India...
What is NEFT?
National Electronic Funds Transfer (NEFT) is an electronic payment system launched by the Reserve Bank of India in November 2005. It allows...
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 Digital Banking?
Digital banking refers to the delivery of banking services and products through electronic channels, without requiring customers to visit a physical...
What is Digital Banking Platform?
A digital banking platform refers to a comprehensive set of online tools and services that allow banks to deliver financial...
What is Mobile Banking?
Mobile banking is a service provided by banks that lets customers conduct financial transactions using a mobile device such as a...
What is Internet Banking?
Internet banking, also known as online banking or net banking, refers to the use of the internet to access banking services...
What is Cumulative Fixed Deposit (FD)?
A Cumulative Fixed Deposit (FD) is a financial product offered by banks and other financial institutions in India where...
What is Recurring Deposit (RD)?
A Recurring Deposit (RD) is a financial product offered by banks and post offices in India that allows individuals to...
What is Fixed Deposit (FD)?
A Fixed Deposit (FD) is a financial instrument offered by banks and certain non-banking financial companies (NBFCs) in India, where...
