banking management

Description The commercial banking industry in India started in 1786 with the establishment of the Bankof Bengal in Calcutta. The Indian Government at the time established three Presidency banks,viz., the Bank of Bengal (established in 1809), the Bank of Bombay (established in 1840) andthe Bank...

Description Accepting, for the purpose of lending or investment of deposits of money from the public repayable on demand or otherwise withdraw able by cheque, draft, order or otherwise. As per section 5(B) Banking Regulation Act 1949, the term Banking is defined as “Accepting, for the purpose...