What is E Banking? Features, Types, Electronic Fund Management
What is E Banking? The term “Electronic Banking” or “Internet banking” is defined as a remote banking service provided by the authorized banks or their
What is E Banking? The term “Electronic Banking” or “Internet banking” is defined as a remote banking service provided by the authorized banks or their
What is Money? The word ‘money’ is derived from the Latin word ‘Moneta’ which was the surname of the Roman Goddess of Juno. Money was
The future of the governments and the political parties depend on how they tackle the problem of inflation. Many aspects of our everyday activities are
What is Banking Structure? Banks have played a critical role in the economic development of some developed countries such as Japan and Germany and most
The concept of the quantity theory of money (QTM) began in the 16th century. As gold and silver inflows from the Americas into Europe were
Digital banking is the incorporation of new and developing technologies throughout a financial services entity, in concert with associated changes in internal and external corporate and personnel relationships, to provide enhanced customer services and experiences effectively and efficiently
On-banking financial institutions (NBFIs) also mobilize financial resources directly or indirectly from people. They lend funds but do not create credit. Companies such as LIC, GIC, UTI, Development Financial Institutions, Organization of Pension and Provident Funds fall into this category.
Reserve Bank of India established in 1935 with a Mandate to set up a special Agricultural credit Department (ACD) with expert staff. RBI initiated different
The role of public sector banks increased after nationalization of commercial banks. On I July 1955, the government of India took over imperial Bank of
What is Commercial Banks? Commercial Banks is financial Institution that accepts deposits for the purpose of lending. In other words, commercial Banks provide services such