Commercial Banking in India

Functions of Commercial Banks

March 16, 2015

The core functions commercial banks can be segregated into three main segments viz. Financial Intermediation, Payment System and Financial Services. Financial Intermediation The key business of the banks is to accept different types of deposits from the public and then lend these funds to the borrowers. This is called...

What is Branch Banking?

March 15, 2015

Branch Banking is still an integral part of Indian banking system as most Indians still believe in cash transactions and prefer to visit banks in person for routine banking operations. Bank branches are the face of the banks where customers can visit and talk to the officials...

Deposit Insurance in India

April 23, 2011

The idea behind the Deposit Insurance is to boost the faith of the public in the banking system, and provide protection against the loss of deposits to a significant extent. In India, the bank deposits are covered under the insurance scheme provided by Deposit Insurance and Credit...

Brief History of Banking in India-1

April 21, 2011

The origin of western type commercial Banking in India dates back to the 18th century. The story of banking starts from Bank of Hindustan established in 1770 and it was first bank at Calcutta under European management. It was liquidated in 1830-32. From Bank of Hindustan in 1770, the...

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