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ARTICLE
with the digital medium can each contribute to spread- For update news on Banking & Finance Industry
ing awareness to as many people on the benefits of
adopting the digital medium. BANKING FINANCE
A Leading Monthly Journal on Banking & Finance
Credit, debit and prepaid cards, internet banking, wal-
Covers Schemes
lets, mobile banking, aadhar enabled payments, IMPS, RBI Banking 1 Year 750
UPI and USSD are the various modes through which
Finance Rural/Co-op 3 Year 1500
transactions can take place. Stock Market Risk Management 5 Year 2250
Threshold limits to be fixed beyond which transactions Subscribe Now !!
should never be done in cash.
ORDER FORM
Quoting of PAN no. for all kinds of transaction beyond a
certain threshold limit. New Rental Subscription No.
(Please tick)
Incentivisation of transactions undertaken through the
Name of Executive :
digital medium.
Designation:
In the future it could be an ideal situation if there was Company's Name :
no need for currency notes beyond Rs. 50/- or at the
Address :
most Rs.100/-.
Pincode :
Benefits to the banking system Phone : Mobile :
Fax : E.Mail :
The immediate benefits to the banking system will be
Publication Order :
the huge inflow of funds as CASA deposits.
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Henceforth every citizen will endeavour to open a bank
(Please mention the scheme name example : It-1, Lit-1 or Combo 4-1)
account just as he or she desires to have a mobile
Period of Subscription : From to
phone.
Details of payment : Cash/M.O./D.D./Cheque* No
Deposit and lending will be at reduced rates thereby
increasing margins. Dt drawn Rs.
Banks will be able to sell digital products which will be Ordinary Registered Post (Please tick)
an additional source of income. *For outstation cheque please add Rs.50/- towards bank charges.
Outstation cheques of metro cities accepted only. No Charges ap-
Cash handling will come down substantially and so will plicable for payable at per cheques.
be the problem of fake notes.
Do not make any Cash Payment
Credit quality of banks will improve substantially. This is for Subcription of Journals Signature of Subcriber
because till now borrowers submitted financial papers
Please tear and send it along with your letter
which were not a true reflection of their strengths and
weaknesses. With the cashless push the borrowers will Mode of Payment
have to necessarily do their transactions with a trail and 1. Payable at per Cheque/Demand Draft favouring Sashi Pulbications
record and there will be a true representation of the Private Limited, Payable at Kolkata
actual statement of affairs. NPAs will be within man- 2. You can directly ECS/Deposit cash in our bank account number
below in your city and send us copy of Pay in slip by email.
ageable levels and there will no need for any anxiety
A/C Name : Sashi Publications Private Limited
on stressed assets. A/C No. : 402120110000327
Bank : Bank of India
Henceforth if every citizen of this country resolves not to Branch : V V K Road Branch., Kolkata, India
any do transactions in cash then the day is not far off when IFSC Code : BKID0004021
black money and corruption can be substantially reduced if Make Online Payment by Credit Card/Debit Card or your net banking
account at our website www.sashipublications.com
not totally eliminated.
BANKING FINANCE | JANUARY | 2017 | 29
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