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
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
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
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
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:
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
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
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
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
