Yes, NEFT is a digital form of payment that enables transfer of money between two accounts. Also read: Types of Digital Payments Scope of E... View Article
IMPS stands for Immediate Payment Service. It is an instant transfer service that enables immediate payment between two bank accounts. Also... View Article
NEFT stands for National Electronic Funds Transfer. It is an electronic payment system that is maintained by the RBI and enables funds to be... View Article
NACH stands for National Automated Clearing House. It is a centralised system developed by the NPCI (National Payments Corporation of India) that... View Article
UPI stands for Unified Payments Interface. It is a type of instant payment system that was developed by the NPCI (National Payments Corporation... View Article
The difference between loan and cash credit is that cash credit is a type of short term loan while loan in itself can be of many types and of... View Article
Yes, cash can be withdrawn from the CC (Cash credit) account, but there are certain limitations on the amount that can be withdrawn. Also read:... View Article
CCL stands for Cash Credit Limit. Also read: Difference Between Cash Credit and Overdraft Difference Between Shares and Debentures What Are... View Article
CC and OD are two different forms of credit that are offered by banks to their customers. CC stands for cash credit, it is a form of short term... View Article
Equity refers to the capital that is invested in the business by the owners while shares are portions of the equity or the capital. Also read:... View Article
The minimum size of an IDR issue should not be less than ₹50 crores. Also read: Difference Between ADR and GDR Adr American Depository... View Article
