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…
CASA Ratio
Definition The CASA Ratio shows the percentage of a bank’s total deposits that come from Current and Savings…
Cash Credit
Meaning Cash Credit is a short-term loan provided by a bank to businesses to meet working capital needs.…
SHG (Self Help Group)
Meaning & Definition An SHG is a small group of people who save money together and help each…
SIDBI
Meaning & Definition SIDBI (Small Industries Development Bank of India) provides financial support and development assistance to micro,…
Mudra Loan
Meaning & Definition A Mudra Loan is provided to small business owners and entrepreneurs to help start or…
UPI Merchant ID
Definition A UPI Merchant ID is a unique identification number assigned to each merchant using UPI for payments.…
UPI Merchant QR
Definition A UPI Merchant QR is a scannable QR code provided to merchants for receiving UPI payments. Meaning…
UPI Refund Status
Definition UPI Refund Status shows the progress of money being returned to the user after a failed or…