Functions of Money: Primary, Secondary and Contingent Functions
Functions of Money: With the advent of banking sector and emerging financial markets in the economy, one requires a precise understanding concerning money; what exactly would
Functions of Money: With the advent of banking sector and emerging financial markets in the economy, one requires a precise understanding concerning money; what exactly would
Core Banking solutions are banking applications on a platform enabling a phased, strategic approach that lets people improve operations, reduce costs, and prepare for growth.
Mortgage: It is defined in Transfer of Property Act as, transfer of interest in specific immovable property (land, benefits arising out of land, things attached
E-banking: The world is changing at a staggering rate and technology is considered to be the key driver for these changes around us. An analysis
Types of Endorsements, When we are studying about negotiable instruments, we need to study about the various types of endorsements as per The Negotiable Instruments Act. So,
Functions of Bank: In bank jobs interviews normally questions are asked about various functions of banks. So today I am listing down all the important functions
Need of Technology of Banking: Technology has brought about a complete paradigm shift in the functioning of banks and delivery of banking services. Gone are
NABARD: Till late 1970s there was no institutional credit arrangement for Agriculture and Rural credit in India. The needs were looked after by Reserve Bank
Tele Banking: Without visiting the bank one can receive the services of banks. The device used for this purpose is called tele banking. This is
Secondary Functions of Bank: The primary function of banks is to act as intermediary between savers and producers. They collect savings from people and lend
What is Cyber Crime?: As the use of internet is increasing, a new face of crime is spreading rapidly from in-person crime to nameless and
Statutory Liquidity Ratio (SLR): In terms of section 24 (2A) of Banking Regulation Act, another tool for controlling credit in the country is available to
Export Import Bank of India: Established in 1982 through an Act of Government of India viz. Export –Import Bank of India Act, 1981. It was
National Housing Bank (NHB): In India there was no institutional arrangement for long term financing of individuals housing for a long time. This short coming
Agency functions of Bank: Agency functions are those services that banks provide to their customers for which they receive some income. Thus, these functions add
Banking is an integral part of the modern economy. But the nature and functions of modern banks have evolved over a long period of time.