National Strategy for Financial Education
Meaning The National Strategy for Financial Education (NSFE) is an initiative by RBI, SEBI, IRDAI, and PFRDA to…
Moral Hazard
Definition Moral Hazard happens when an insured person takes higher risks because they know they are protected by…
Motor Insurance
Meaning Motor Insurance provides financial protection against loss or damage to vehicles due to accidents, theft, fire, or…
NABARD
Full Form & Meaning Full form: National Bank for Agriculture and Rural Development. NABARD is India’s development bank…
Mediclaim
Definition Mediclaim is a type of health insurance policy that covers hospital expenses if the insured person is…
Interest Certificate
Meaning An Interest Certificate is a document issued by banks showing the total interest you’ve earned or paid…
Cash Deposit Machine (CDM)
Meaning CDM stands for Cash Deposit Machine. A Cash Deposit Machine is a self-service banking machine that lets…
ATM (Automated Teller Machine)
Meaning ATM stands for Automated Teller Machine. An ATM is a self-service banking machine that lets customers withdraw,…
Bill Discounting
Definition Bill Discounting is a financial service where a bank buys a business’s bill or invoice before its…
CASA (Current Account Savings Account)
Meaning CASA stands for Current Account and Savings Account. It shows the total money a bank holds in…