PURVA DICHOLKAR
New member
INTRODUCTION
Bank:A Bank is financial institution that accepts deposits from the public and creates a demand deposit, while simultaneously making loans. Lending activities can be performed either directly or indirectly through capital markets.Due to the importance of banks in the financial stability of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as Fractional Reverse Banking, under which banks hold liquid assets equal to only a portion of their current liabilities.Banks borrow money by accepting funds deposited on current accounts, by accepting term Deposits , and by issuing debt securities such as banknotes and bonds. Banks lend money by making advances to customers on current accounts, by making installments loans, and by investing in marketable debt securities and other forms of money lending. Payment of diffrent services, and a bank account is considered indispensable by most businesses and individuals. Non-banks that provide payment services such as remittance companies are normally not considered as an adequate substitute for a bank account.
Leading Banks:
Bank:A Bank is financial institution that accepts deposits from the public and creates a demand deposit, while simultaneously making loans. Lending activities can be performed either directly or indirectly through capital markets.Due to the importance of banks in the financial stability of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as Fractional Reverse Banking, under which banks hold liquid assets equal to only a portion of their current liabilities.Banks borrow money by accepting funds deposited on current accounts, by accepting term Deposits , and by issuing debt securities such as banknotes and bonds. Banks lend money by making advances to customers on current accounts, by making installments loans, and by investing in marketable debt securities and other forms of money lending. Payment of diffrent services, and a bank account is considered indispensable by most businesses and individuals. Non-banks that provide payment services such as remittance companies are normally not considered as an adequate substitute for a bank account.
Leading Banks: