General Knowledge

Banking In India Banking In India
Bank Code IFSC MICR |  Thoughts of the Day |
face face
Banking In India Banking In India Banking In India Banking In India Banking In India Banking In India Banking In India Banking In India Banking In India Banking In India
     
 

BANK

By: Astha  ,   29 May 2014
 



Bank-

Bank is a financial institution that that accepts deposits and channelizes these deposits towards lending by issuing loans to the individuals and organizations for promotion of economic growth and creation of better job opportunities. Due to their importance in the financial system and their influence on the national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking, in which banks hold only a small reserve of the funds deposited and lend out the rest for profit.

 

 


   Back
 

0 Comments

 

0 More Comments

 
   
 
 
 
 
Comment
   
Your Name :
Email :
Comment :
 
click for new code
Security Code :
 
   
 
News Update
LTC Tour Package
ATM and Bank Branch Space Required
Banks, Banking and Financial Institutions Related Articles
BANKING IN INDIA
  29 May 2014
   
BANK
  29 May 2014
   
List of Banks in India
  29 May 2014
 
   
  Septrator Seprator Seprator Seprator Seprator Seprator Seprator Seprator
© Copyright 2008-2012 All rights reserved     |    Best viewed with 1024x768 pixel resolution with MSIE |