List of ten commonly asked question of micro credit with answers. Q. 1. What is Micro Credit? Ans. Micro Credit is defined as provision of thrift, credit and other financial services and products of very small amount to the poor in rural, semi-urban and urban areas for enabling them to raise their income levels and improve living standards. Micro Credit [...]
After reading this article you will learn about the evolution of banking during different periods. Ancient Period: Any effort to trace the roots of banking or history of banking in an authenticated written form may perhaps always remain incomplete as in one or the other way the functions of a bank always existed right from the day human race came [...]
List of top four earlier period banks of India:- 1. Bank of Hindustan (1770-1832) 2. The General Bank or General Bank of India (1786) and Bengal Bank 3. Bank of Calcutta (1806) or Bank of Bengal 4. The Presidency Banks. 1. Bank of Hindustan (1770-1832): In 1690 one of the Agents of East India Company Mr. Job Charnok selected Calcutta [...]