After reading this article you will learn about:- 1. History of Regional Rural Banks (RRBs) 2. The Objectives of Regional Rural Banks 3. Area of Functioning 4. Sponsorship 5. Functions. History of Regional Rural Banks (RRBs): The Regional Rural Banks were established on the recommendations of Narsimha Committee on Rural Credit. The committee was of the view that RRBs would [...]
This article provides notes on the Reserve Bank of India (RBI). The Reserve Bank of India is the central Bank of the country entrusted with the task of monetary stability, the management of currency and the supervision of the financial as well as the payment system. In a simple manner we can understand that the Reserve Bank of India controls [...]
After reading this article you will learn about:- 1. Meaning of Banking Company 2. Products and Services Offered by Banking Company 3. Forms of Business. Meaning of Banking Company: A Bank is an establishment, office, and a company, which deals in money. A bank receives money in deposit accounts of its customers on certain conditions in different type of deposit [...]