Types of Cheque Crossing/ Types Of Cross Cheque: General crossing Special crossing Restrictive crossing General Crossing: A cheque is said to be crossed generally when it bears across its face any of the following: Two transverse(cross) parallel lines. Two transverse parallel lines with the word “And Company” or “And Co”. Two transverse parallel lines with any abbreviation of the word “& Company”. Two transverse parallel lines with the words “Not Negotiable”. Two transverse parallel lines
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BANKING SERVICES IN INDIA I. HISTORY OF BANKING IN INDIA There are three different phases in the history of banking in India. 1) Pre-Nationalization Era. 2) Nationalization Stage. 3) Post Liberalization Era. 1) Pre-Nationalization Era: In India the business of banking and credit was practices even in very early times. The remittance of money through Hundies‚ an indigenous credit instrument‚ was very popular. The hundies were issued by bankers known as Shroffs‚ Sahukars
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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
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|PROJECT ON | | | |BANKING FRAUDS | | | SUBMITTED BY: • PRAJAKTA JADHAV - 9
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Banking in India: evolution in technology Thought Paper www.infosys.com/finacle Universal Banking Solution | Systems Integration | Consulting | Business Process Outsourcing Origins of banking The origins of banking can be traced to ancient times‚ starting with rudimentary money lending and bartering practices for agricultural and other commodities. But it gained great momentum only after the industrial revolution which commenced in Europe in the 17th century‚ when Europeans started
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The Internet has been available for public service since 1983. With it’s rapidly expanding popularity‚ the number of internet users has quickly risen to over fifty million in a four year period (Bingi‚ Mir and Khmalah‚ 2000). One of many advantages of Internet use is the potential and accessibility as a tool for electronic trade. Electronic commerce also known as e-commerce‚ can be referred to as the purchasing and retailing of products or services over an electronic system. It is increasing at an
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E.E-BANKING: There is no official definition of this term‚ but it generally implies a service that allows customers to use some form of computer to access account-specific information and possibly conduct transactions form a remote location – such as home or at the workplace. The obvious advantage to the consumer is convenience – one bank recently used the advertising motto “bank naked” to emphasize the customer’s freedom to conduct routine banking transactions from the comfort and security of
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A STUDY ON GENERAL BANKING (BANKING ROUTINE) AT BANK OF INDIA (BOI) [pic] PROJECT REPORT SUBMITTED FOR THE AWARD OF THE DEGREE OF BBA GGSIP University SESSION: 2009-2011 Under the guidance of Mr. BOI SUBMITTED BY: POOJA MATHUR ACKNOWLEDGEMENT The
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Internet The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite (TCP/IP) to link several billion devices worldwide. It is an international network of networks that consists of millions of private‚ public‚ academic‚ business‚ and government packet switched networks‚ linked by a broad array of electronic‚ wireless‚ and optical networking technologies. The Internet carries an extensive range of information resources and services‚ such as the
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UNIVERSITY OF NAIROBI A CRITICAL AND CONCRETE EVALUATION ON STATE LIBERALISATION ON COOPERATIVES IN KENYA FOCUS ON THE COOPERATIVE LEGISLATION PRACTICES POLICIES AND REFORMS UP TO DATE Stephen Mudibo This document is submitted for the continuous assessment of the Law of business association 2 INTRODUCTION The policy framework paper on Economic reforms of 1996 was a major beacon to be established on the fast track on the economy under the then president Daniel Moi. The reforms
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