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What is RERA? Understanding Current Accounts and Their Role in RERA Compliance
Posted on Monday, December 16th, 2024 |
The Indian real estate sector has seen a transformative shift since RERA’s implementation. But, what is RERA? The Real Estate (Regulation and Development) Act, 2016 is commonly referred to as RERA. This significant legislation was introduced to inject transparency, accountability, and efficiency into the real estate market. It is crucial for developers, buyers, and investors…
Read moreCurrent Accounts in the Fintech Revolution: How Technology is Transforming the Banking Experience
Posted on Monday, December 16th, 2024 |
India has been experiencing a fintech (financial technology) revolution for the last few years. Amongst other things, this revolution has made banking more accessible, secure, and convenient. While this is indeed beneficial for individuals, businesses with current accounts also stand to gain a lot by optimising fintech features. Current accounts were once known for long…
Read moreNow’s the Time: Go Digital with Your Business
Posted on Monday, December 2nd, 2024 |
In the current digital age, businesses need to transform to stay competitive and relevant. Digital transformation not only streamlines processes, it also enhances other parts of your business. This includes customer engagement, efficiency, and growth. As businesses pivot towards digital solutions, having a robust banking partner becomes essential. More specifically, a digital current account offering…
Read moreWhat to Do When an ATM Does Not Dispense Cash, but the Current Account Is Debited?
Posted on Tuesday, November 26th, 2024 |
The inconvenience of “account debited but cash not dispensed” is a situation no one wants to be in. ATM transactions are usually quick, secure, and hassle-free. However, sometimes things can go wrong, like when the ATM fails to release cash, but the amount is still deducted from your current account. This situation can be quite…
Read moreWhy do Sole Proprietors in India Use a Current Account?
Posted on Thursday, November 14th, 2024 |
A sole proprietorship is the simplest and most common form of business structure in India. The term “sole” indicates single, and “proprietor” refers to the owner, meaning that one individual owns and manages the entire business. This individual has complete control over all operations and decisions but also bears full personal responsibility for the business’…
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