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Equitas Small Finance Bank (erstwhile Equitas Microfinance Ltd) is a small finance bank founded in 2016 as a microfinance lender. [ 2 ] [ 3 ] The Bank has its headquarters in Chennai , and is a subsidiary of holding company Equitas Holdings Ltd. [ 4 ]
The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
Besides, RTGS facilitates real-time ("push") transfer, while NEFT involves regular settlements and is operating 24/7/365 since December 2019. Customers can access the RTGS facility between 09:00 to 16:30 on weekdays and 09:00 to 13:30 on Saturday. RTGS is available 24/7/365 from 00:30 on 14 December 2020.
RTGS systems are an alternative to systems of settling transactions at the end of the day, also known as the net settlement system, such as the BACS system in the United Kingdom. In a net settlement system, all the inter-institution transactions during the day are accumulated, and at the end of the day, the central bank adjusts the accounts of ...
Equitas is a group of companies that was formed in 1995 to assume by way of reinsurance the vast and crippling liabilities that had accumulated in the syndicates at Lloyd's of London on insurance policies written on the 1992 and all prior years of account. These liabilities were reinsured by Equitas Reinsurance Limited (ERL), which was also ...
Russ Vought, the acting director of CFPB, told employees to 'stand down from performing any work task.'
Here are our five tips for nabbing those free digital deals, from library hacks to securing unreleased advanced copies. If you’re looking for other low-cost ways to read, check out our guide on ...
David Lynch revealed one of his biggest career regrets years before his death.. The celebrated director of Mulholland Drive, Blue Velvet and Twin Peaks died just days before his 79th birthday, his ...