Phases of Nationalization Indian Banks
Nationalization of Banks completed in Five phases as follows: The growth of banking sector was very slow during the first phase and banks also experienced… Read More »Phases of Nationalization Indian Banks
Banking and Insurance
Nationalization of Banks in India:Objectives
Nationalization of Banks The year 1949 marked the beginning of a new era in the economic history of India. It was the beginning of a… Read More »Nationalization of Banks in India:Objectives
What is Banking Regulation Act,1949?
The banking regulation act 1949 extends to the entire nation. Other acts are used as secondary to this act e.g. negotiable instrument act, Companies Act… Read More »What is Banking Regulation Act,1949?
Plastic Money Types
There are many plastic money types, All debit and credit cards are considered as plastic money types. Here we have several plastic money cards. There… Read More »Plastic Money Types
What is Plastic Money? Uses and Limitations
Plastic money or polymer money, made out of plastic, is a new and easier way of paying for goods and services. Plastic money was introduced… Read More »What is Plastic Money? Uses and Limitations
What are the Sources of Bank Funds?
A bank is a business firm. Its main aim is to earn profit. In order to achieve this objective it provides services to the customers. The… Read More »What are the Sources of Bank Funds?
What is RBI? (Reserve Banks of India)
What is Reserve Bank of India? Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of… Read More »What is RBI? (Reserve Banks of India)
What is the Structure of Banking in India?
Banking Structure in India The existing banking structure in India evolved over several decades, is elaborate, and has been serving the credit and banking services needs… Read More »What is the Structure of Banking in India?
Functions of Bank
Banks functions are two types They are namely 1. Primary functions 2. Secondary functions. 1. Primary Functions of Banks 1. Accepting Deposits The bank collects… Read More »Functions of Bank
Meaning,Definition and Features of Banking
What is Banking The word ‘Bank’ has derived from German language, Which has the literal meaning ‘to collect’. Initially the function of a bank was to… Read More »Meaning,Definition and Features of Banking
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