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Video KYC: How will Video KYC work? Challenges

Reserve Bank of India (RBI) in Jan 2020 allowed video-based know-your-customer (KYC) identification process, called as Video-Based Customer Identification process(VCIP) that will provide an additional method of completing customer KYC without the customer having to...

How India pays: Cash, Cheque,NEFT,Cards etc

The Reserve Bank of India on 29 Aug 2018, released its 245-page annual report for the financial year 2017-18. In the Annual Report, RBI spoke about a host of subjects like asset quality in the banking system, the government’s demonetisation exercise in 2016, the...
What is HyperInflation? Why is Venezuela having Hyper Inflation?

What is HyperInflation? Why is Venezuela having Hyper Inflation?

In Venezuela, Prices rose 41 per cent in 2013, 63 per cent in 2014, 121 per cent in 2015, and 481 per cent in 2016. Venezuela is amidst its worst economic crisis and is suffering from HyperInflation. More than two million people have fled Venezuela’s economic and...

Coin: Anatomy, Indian coins, Motto,History, Mint Marks

A Coin is a piece of metal with design and is used as a medium of exchange and so it has become a part of our daily life. When we flip coins, we called the sides of our coins “heads” and “tails.” But there is more to the coin. In fact coin tells a story of the nation....
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