List of top four institutional banks that operate in India:- 1. NABARD 2. SIDBI 3. IRBI (Now Known as IIBI) 4. IFCI (Industrial Finance Corporation of India). Institutional Bank # 1. NABARD: The National bank for Agriculture and Rural Development was established in the year of 1982 (12th July 1982) by an Act of Parliament. The NABARD Act 1981 replaced [...]
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 [...]
This article throws light upon the top eight roles of a bank. The roles are: 1. The Source of Funds 2. Banks Help Develop Industry and Trade 3. Financial Assistance to Agriculture 4. Financial Help to General Public 5. Financial Intermediation 6. Trust, Liquidity, Safety 7. Provides Information to Credit Reference Agencies 8. Service Quality—Customer Service 9. Liquidity. Role # [...]