Bank Finance | Classification, Forms, Methods, Merits, Demerits
Bank Finance in India Most of the joint stock banks in India are modeled on the lines of the British banks, which are purely commercial bank. In other words, …
Tag: commercial banks
RBI | Origin | Objectives | Organization | Management | Departments
Introduction The Reserve Bank of India (RBI) is the apex financial institution of the country’s financial system. It is entrusted with the task of control, supervision, promotion, development and …
Development Banks | Meaning | Objectives | Commercial vs Development Banks
What are Development Banks? Development banks are those which have been set up mainly to provide infrastructure facilities for the industrial growth of the country. They provide financial assistance …
Steps involved in lending term loan to a borrower by bank
Steps involved in term lending by banks The following are the steps involved while lending term loan to a borrower by the banker. They are: 1. Interview with borrower …
Obligations of Bankers towards Customers
Obligations of Bankers towards Customers The relationship that arises between banker and customer, in conducting, various businesses involve certain obligations and rights on the banker as well as the …
Promotional activities of IFCI
Promotional activities of IFCI Industrial Finance Corporation of India (IFCI) undertakes various promotional activities financed out of its Benevolent Reserve Fund. The following promotional activities are worth mentioning: 1. …
ICICI | History | Objectives | Functions | Financial Assistance | Roles
History of Industrial Credit and Investment Corporation of India (ICICI) The creation of Industrial Credit and Investment Corporation of India (ICICI) is another milestone in the growth of the …
Primary functions of Commercial Banks in Lending Money
Commercial banks are financial intermediaries. They accept deposits from the public and lend them in the form of short-term loan to traders and manufacturers. They provide working capital to …
Primary functions of Commercial banks in accepting deposits
The commercial banks play a significant role in the economic activities of the nation. They are almost an indispensable factor in the modern society and form the core of …
Role of Commercial Banks in economic development of country
Commercial Banks have always played an important position in the country’s economy. They play a decisive role in the development of the industry and trade. They are acting not …