Holi festival: History

Long before water balloons and pichkaaris, Holi was only an idea- an idea that transpired to become one of the most amusing festivals of the world. Yes, Holi is the festival of colours. But what does colour symbolize here? We are never certain. But we always hope that colouring something gives life to it. And thereby, perhaps Holi is the celebration of life itself. Holi accolades life, love, its vitality, its passion.

There are stories that date back the origin of Holi and recounts tales in mythology that trace the advent of our attempt at painting the human race more colourful. Maybe they are true, maybe they aren't. But the essence of colour compels us to shun our logical minds in the hope of a dreamy world full of rainbows.

SBI chief Rajnish Kumar hits back at critics seeking PSB privatisation

State Bank of India chairman Rajnish Kumar said those living in glass houses shouldn’t throw stones at others and that the private sector’s claims of higher corporate governance standards sound hollow in light of their high rates of debt default and bankruptcy cases. 

Kumar, the chairman of the country’s largest bank by assets, hit back at critics of staterun enterprises and their calls for privatising state-run banks in an interview to ET on Monday. 

He said almost all bad loans and poor governance standards cases are from private sector enterprises while state-run firms have high governance standards. 

“If the private sector is all about good corporate governance then tell me which public sector company is in NCLT (National Company Law Tribunal) today? 

They are all private sector companies,” Kumar said. “They all default and sit in the front rows of the industry associations. That is the reality today. So when .. 

8 Uses of Aadhaar Card – How and Why to Link It?

The Central Government launched a unique identity project called Aadhaar in 2009 that would represent every person residing in India. The current government gave it more teeth and made it mandatory for everyone to link it with various schemes and instruments. This has already helped the government to plug a lot of leakage in the distribution of subsidies through DBT. Let us have a look at some of the schemes where Aadhaar card has been made mandatory:

1. PAN (Permanent Account Number)
The Central Board of Direct Taxes (CBDT) has made it mandatory for people filing income tax returns to link their PAN with Aadhaar. The deadline set for this linking is 31st March, 2018 after which ITRs filed would not be processed by the institution and the assessee will be considered as non-tax paying individual. 
Assessees can link their PAN with Aadhar by visiting https://goo.gl/myxFPy or by simply sending an SMS in the format UIDPAN<12 digit Aadhaar><10 digit PAN> to 567678 or 56161 from the registered mobile number. It should be kept in mind that in case of any mismatch, PAN and Aadhaar will not be linked. In such cases, assessees will have to first get their details corrected and then link both the documents.


2. Bank Account
Account holders having savings account in all banks have to link their bank accounts with Aadhar to prevent their accounts from getting deactivated. The last date for linking bank accounts with Aadhaar is 31st March 2018. Bank accounts not linked with Aadhar after the deadline will be deactivated till the account holder links it with Aadhaar.
Various banks have provided different options for linking bank accounts with Aadhaar such as by visiting the website, through internet banking, mobile banking, phone banking, SMS, ATMs or by visiting the branch of the bank where the account is being operated. It should be kept in mind that a person has to link all his operational accounts with Aadhaar.

RBI Set To Inject More Cash Into Banks At March-End

The Reserve Bank of India (RBI) will be ready to inject adequate 

amount of extra cash into banks if needed ahead of March-end to  

give flexibility to lenders

 

 

Rs11,400 crore fraud at Punjab National Bank involving jeweller Nirav Modi

The PNB fraud was perpetrated by bank employees who issued authorized bank guarantees to Nirav Modi’s companies without making any entries in the bank’s books or its core banking system.

Difference Between NEFT and IMPS

Do you want to transfer funds? There are many modes to transfer funds electronically, which are safe and convenient at the same time. Such modes are NEFT, RTGS, and IMPS which help you in transferring money instantly, irrespective of the bank account, i.e. same bank or different bank. While NEFT  (National Electronic Fund Transfer) settles the transaction in batches, in RTGS (Real Time Gross Settlement) the settlement of the transaction is based on real time.

IMPS (Immediate Payment System) is one such system, which is still finding its feet. It is used to transfer money via smartphones. As there is no minimum transfer cap, in both NEFT and IMPS, people find it hard to identify which one is better. So, if you are also a novice to transfer funds, take a look at this article to know which system suits you, in a perfect way.

What is Pos System

A POS system is synonymous with POS terminal.  However, a POS terminal is the electronic equipment performing the sales transaction and processing the credit card payments.  Used in most storefront businesses, a computer terminal combined with the POS software helps to manage everyday sales transactions and operations.
Like you learned, with the combination of the POS software and a POS terminal, you now have the full definition of a POS system.  A point of sale system is the heart of a business and used for many essential tasks such as inventory management, labor reporting, menu customizations, price adjustments, staff management, sales reporting, customer management, marketing initiates, and so much more.  The next time you’re at a restaurant or retail store, ask the clerk what type of system they are using, and you’ll soon learn there are hundreds of different kinds of systems out there.
To dive deeper into the meaning and definition, we are also going to explore the various types of POS systems there are.

What is the meaning of Kisor banking

The Kiosk Banking is the initiative taken by the RBI for those living in villages or other remote areas who are deprived of banking services due to the non-availability of a bank branch in their locality. In such arrangement, the person is not required to go the bank to avail the banking services. Instead, the bank comes to the village where the person can make the transactions.
 Kiosk banking is the important step taken towards the financial inclusion. The financial inclusion means enabling the weaker sections of the society or low-income groups to access financial services and avail the credit at a low or affordable cost. The Kiosks are the small internet-enabled booths established in the villages where the customers can come and avail the basic banking services.

What is CSP

What is CSP of SBI

It is an Internet enabled PC based technology and extremely easy to use. Therefore anyone can become a Business Correspondents (BC) and open customer accounts at Customer Service Point Kiosk outlet (CSP). SBI Kiosk transactions are bio-metrically secured.


CSP - Certified Safety Professional. CSP - Community Service Personnel. CSP - Coordinator Special Programs. CSP - Certified Staffing Professional. CSP - Computer Support Program.

 

Services

PRODUCT CATALOGUE

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Tatkal Rupya

Domestic Money Transfer - Anywhere Anytime.

Tatkal Rupya was launched by Pay Point India in association with Pay Pointz Wallet in early 2012. The product has been designed by Pay Pointz Wallet to provide customers Money Transfer services with great convenience in their neighborhood. A unique business opportunity for retailers to be able to provide Money Transfer service to both banked & unbanked customers.

Pay Point India has been authorized by Pay Pointz Wallet to appoint Money Transfer agents across the country.

SBI Kiosk & Mini Banking Services

Banking+

Make your shop Mini bank & provide basic SBI banking services to your customers!!!

SBI Kiosk Banking BC model aims to provide a real time, user friendly banking services to the consumer in their neighborhood. Pay Point India has been a National 'Business Correspondent' for the State Bank of India since 2011. As per this arrangement Pay Point India is authorized to provide Kiosk banking service to its present retail network and create new Kiosk Banking agents across the country.

CUSTOMER SERVICE POINTS BHOJPUR DISTRICT

Hello Customer,

All SBI CSP BANK Bhojpur district,

Below the pic & highlight yellow colour .your favorite branch and no one branch in bhojpur district

sbi csp

Dear customer ,

Sbicsp.charpokhari new blogger site  lunch please visit any enquiry.