The commercial banks serve as the king pin of the financial system of the country. They render many valuable services. The important functions of the Commercial banks can be explained with the help of the following chart. Primary Functions The primary functions of the commercial banks include the following: A. Acceptance of Deposits 1. Time Deposits: These are deposits repayable after a certain fixed period. These deposits are not withdrawn able by cheque‚ draft or by other means. It includes
Premium Bank Cheque Deposit account
Internet Banking Banks are the most safest & popular place of investment among people. More than 65-70% people invest in banks for their interest.More over there is a least risk possibility to invest in various schemes of banks. For this kind of popularity banks have also introduced different kinds of schemes‚ facilities‚ technologies by which they can help & and provide an easy system so that they can rely on banks more. One of the most popular technology that have been widely used for banking is the
Premium Password Deposit account User
Research. Retrieved June 20‚ 2007‚ from http://www.managementhelp.org/research/planning.htm Hodges‚ L McMahon‚ Robert J. (1986). Bank Marketing Handbook: How to compete in the Financial Services Industry Nelson Oly Ndubisi‚ Chan Kok Wah. The International Journal of Bank Marketing. Bradford: 2005 Ohio Credit Union Systems ( 2004) UCO Bank Policies (n.d.). Retrieved on June 25‚ 2007 from http://www.ucobank.com/customer-grievance-policies.html Research Methods Social Research Methods. (2007).
Premium Marketing Bank Customer service
are the different types of banks? Banks’ activities can be divided into: * Retail banking - Dealing directly with individuals and small businesses; * Business banking - Providing services to mid-market business; * Corporate banking - Directed at large business entities; * Private banking - Providing wealth management services to high net worth individuals and families; * Investment banking - relating to activities on the financial markets. Most banks are profit-making‚ private
Premium Bank Banking
MARKETING OF BANKING SERVICES IN RURAL AREAS Banks today are operating in a highly competitive and rapidly changing environment. In the changing economic scenario‚ a professional approach to business development is essential and the survival of a banking institution depends on its ability to take up challenges coming up in the environment. Developing business through marketing of bank’s services is one of the crucial areas which need attention of the bankers to ensure profitable survival. MARKETING
Premium Marketing
Roman Republic vs. Roman Empire. I think Rome was an Empire under the Republic. Differences were the forms of government. In the Republic the people had voting rights and would elect the officials‚ the Republic was a system based on the rule of law‚ and a cleverly balanced constitution that was not a written document‚ but consisted of an accord between the 3 elements‚ democracy‚ monarchy‚ and oligarchy. On the other hand the Empire or Principate‚ a system based on an emperor. One man had total‚
Free Roman Empire Ancient Rome Roman Republic
Project On INNOVATIVE BANKING SERVICES PROVIDED TO NRI BACHELOR OF COMMERCE BANKING & INSURANCE SEMESTER V 2010-2011 Submitted By JINAL.M.MEHTA ROLL NO- 34 S.K. SOMAIYA COLLEGE OF ARTS‚ SCIENCE & COMMERCE VIDYAVIHAR |CHAPTER NO |TOPIC NAME |PAGE NO | | |ACKNOWLEDGEMENT |05
Premium Deposit account India Cheque
------------------------------------------------- Online banking From Wikipedia‚ the free encyclopedia Online banking (or Internet banking or E-banking) allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution‚ which can be aretail or virtual bank‚ credit union or building society. To access a financial institution ’s online banking facility‚ a customer having personal Internet access must register with the institution for the
Free Transport Layer Security
Impact of Branchless Banking in rural areas as a part of Financial Inclusion Key words- Branchless Banking‚ Financial inclusion‚ globalization and Service. The self service concept in the modern business is considerable recognition these days. It plays a vital role in reducing costs to an organization by facilitating automated interface between service provider and a customer. The term financial inclusion is offering of services at a lower cost to major sections of the rural people. Open access
Premium Bank Finance Population
Chapter 1 Introduction 1.1 Background Islamic legal principles regulate the conduct and content of commercial transactions in Islamic Banking. The most important of these principles is the prohibition of riba‚ any predetermined or fixed return in financial transactions. As stated in Quran: “Allah forbids riba and permits trade.” While there is much debate about the exact nature of this prohibition on riba‚ there exists a widespread perception that the ban on riba implies ban on interest
Premium Corporate finance Finance Fractional-reserve banking