After reading this article you will learn about:- 1. Meaning of Banking Company 2. Products and Services Offered by Banking Company 3. Forms of Business. Meaning of Banking Company: A Bank is an establishment, office, and a company, which deals in money. A bank receives money in deposit accounts of its customers on certain conditions in different type of deposit [...]
This article throws light upon the top eight roles of a bank. The roles are: 1. The Source of Funds 2. Banks Help Develop Industry and Trade 3. Financial Assistance to Agriculture 4. Financial Help to General Public 5. Financial Intermediation 6. Trust, Liquidity, Safety 7. Provides Information to Credit Reference Agencies 8. Service Quality—Customer Service 9. Liquidity. Role # [...]
This article provides notes on the Reserve Bank of India (RBI). The Reserve Bank of India is the central Bank of the country entrusted with the task of monetary stability, the management of currency and the supervision of the financial as well as the payment system. In a simple manner we can understand that the Reserve Bank of India controls [...]