Meaning The National Strategy for Financial Education (NSFE) is an initiative by RBI, SEBI, IRDAI, and PFRDA to…
Definition National Financial Switch (NFS) is India’s largest network of ATMs, connecting all major banks for interbank transactions.…
Meaning Motor Insurance provides financial protection against loss or damage to vehicles due to accidents, theft, fire, or…
Definition Moral Hazard happens when an insured person takes higher risks because they know they are protected by…
Meaning An Interest Certificate is a document issued by banks showing the total interest you’ve earned or paid…
Meaning CDM stands for Cash Deposit Machine. A Cash Deposit Machine is a self-service banking machine that lets…
Our CSR arm Paytm Foundation has donated a 100 Litre Per Minute (LPM) oxygen plant to the Kanpur…
Meaning Cash Credit is a short-term loan provided by a bank to businesses to meet working capital needs.…