What Is On-Realisation Settlement Proposed by RBI’s MPC?

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The Reserve Bank of India (RBI), through its Monetary Policy Committee (MPC), has proposed a major shift in cheque clearance called On-Realisation Settlement. This new system aims to reduce cheque clearing time. This will make funds available within hours instead of the traditional two to three days. This initiative will not only make financial transactions…

Should You Use a Current Account for Personal Expenses? Pros & Cons Explained

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Let’s face it — managing money can get tricky, especially if you’re juggling personal expenses and business transactions at the same time. If you already have a current account for your business, it’s tempting to swipe the same debit card for everything — client lunches, groceries, online shopping, you name it. It feels convenient, sure….

What is Average Quarterly Balance (AQB) and How to Calculate it?

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You deposit some money into your savings account at the start of the month. A few weeks later, you withdraw some for a bill or an unexpected expense. By the end of the quarter, your balance has gone up and down quite a bit. This often leaves account holders wondering — does this affect the…

How to Check PAN Card Status by Name and Date of Birth?

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The PAN (Permanent Account Number) card plays an essential role in financial transactions and tax-related processes in India. Whether you are applying for a new PAN card, requesting changes, or reprinting a lost one, it is important to stay updated on the status of your application.  Thanks to digital resources, you can easily track your…

How to Check PAN Card Status by Mobile Number?

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The Permanent Account Number (PAN) card is an essential document that income-earning individuals need at different stages of their financial life. If you have applied for a PAN card, you may be curious about the status of your application.  Whether you have applied for a new PAN card or requested a reprint, knowing the status…