A young man withdrawing cash from the ATM. Credit Pexel.Bank technology refers to the various technological tools and systems that banks use to provide financial services to their customers. These technologies have transformed the banking industry, making transactions more convenient, secure and accessible.Some of the most important bank technologies include:Online Banking: Allow, customers accessing...
Until now, the commercial banking system has weathered the pandemic shock even if there are some looming effects, claimed the 2022 Economic Survey tabled in Parliament on January 24.According to the survey, the gross non-performing advances proportion of Scheduled Commercial Banks (SCBs) kept decreasing from 11.2 percent in 2017-18 to 6.9 percent by September...
You can only spend what you have when using a debit card to make a purchase, just like when using cash.What is a debit card?Though it's likely that you already know what a debit card is, just in case: Debit cards are a type of payment instrument provided by banks and other depository institutions...
