With digital banking and online transactions becoming everyday activities, security is essential. A One-Time Password (OTP) adds an extra layer of protection for activities like logging in or confirming financial transactions. OTPs help ensure that only the rightful user can access an account or complete a sensitive action. Read on to know what it is, …
Monthly Archives: January 2026
Cooperative Banking: Meaning, Structure & Advantages
India’s banking ecosystem is diverse, catering to people from different income groups, professions and regions. While large commercial banks dominate urban finance, cooperative banks continue to play a vital role in strengthening local economies and supporting community-based financial needs. At the same time, modern financial needs often go beyond what traditional cooperative banking can offer. …
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Adulting with Money? Start with the 50/30/20 Rule
Managing money can feel overwhelming when expenses, EMIs and savings goals compete for your monthly income. This is where simple budgeting frameworks help. One of the most practical and widely used methods is the 50/30/20 rule. Understanding the 50/30/20 Rule of Money The 50/30/20 rule is a simple money management framework that divides your monthly …
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How Repo Rate Impacts FD Rates?
Interest rates influence almost every financial decision, from where you save to when you borrow. One key rate that quietly shapes these decisions is the repo rate. Many people ask how the repo rate affects fixed deposit returns and whether FD rates will rise or fall when the Reserve Bank of India makes a move. …
What is CKYC Number? Understand CKYC in Simple Terms
Managing your finances today is easier when your documentation is simple, centralised and accepted everywhere. This is exactly where CKYC comes in. Whether you are opening a savings account, applying for investments or planning to take a personal loan, understanding what is CKYC number can save time and effort. At Fibe, we believe financial access …
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