News & Updates

Digital Loans Lakhpati Didi: Credit Support for Women-Led Self-Help Groups

What the Lakhpati Didi initiative is targeting, how it works through Self-Help Groups rather than individual applications, and what "Lakhpati" status actually means. 30 Aug 2026 · 2 min read

Trade Finance MT 420 Explained: Tracer (Collections)

The chaser message a remitting bank sends when it has not heard back on the status of a collection. 30 Aug 2026 · 2 min read

GST GST on Banking Services: What Customers and Businesses Should Know

Most banking services attract GST, and businesses can often claim input tax credit on it. Here is a plain-language overview of how GST touches everyday banking. 29 Aug 2026 · 2 min read

Retail Banking Savings vs Current Account: Choosing the Right Everyday Account

Savings and current accounts look similar on the surface but serve different purposes. Here is how interest, transaction limits, and intended use differ between the two. 29 Aug 2026 · 2 min read

Digital Loans PM SVANidhi: Working Capital Loans for Street Vendors

How the PM SVANidhi scheme structures escalating working-capital loans for street vendors, and why on-time repayment unlocks larger follow-on loans. 29 Aug 2026 · 2 min read

Trade Finance MT 416 Explained: Advice of Non-Payment/Non-Acceptance

The SWIFT alert sent when a drawee refuses to pay or accept a draft under a documentary or clean collection. 29 Aug 2026 · 2 min read

Digital Loans Renewing a Mudra or MSME Loan: What Lenders Reassess

Why working capital facilities need periodic renewal, what a lender checks before renewing, and how to keep a renewal smooth rather than a fresh underwriting exercise. 28 Aug 2026 · 2 min read

Trade Finance MT 410 Explained: Acknowledgement (Collections)

How the collecting bank confirms it has received the documents sent under a collection instruction. 28 Aug 2026 · 2 min read

Agriculture Kisan Credit Card (KCC): How Farmers Access Working Capital

The Kisan Credit Card gives farmers a simple, revolving credit line for cultivation and allied needs. Here is how it works and why it counts toward priority sector lending. 27 Aug 2026 · 2 min read

Digital Loans Instant Loans: What "Instant" Actually Means and Its Real Limits

What makes an instant loan fast — pre-fetched data, not shortcuts on underwriting — and the loan sizes and borrower profiles it typically suits. 27 Aug 2026 · 2 min read

Trade Finance MT 400 Explained: Advice of Payment (Collections)

How the collecting bank tells the remitting bank that a documentary or clean collection has been paid. 27 Aug 2026 · 2 min read

Digital Loans MSME Loans for GST-Registered Businesses: What Changes Above ₹10 Lakh

How GST returns become a primary underwriting input once a business is registered, and what documentation a lender expects for loans above the Mudra ceiling. 26 Aug 2026 · 2 min read