A Bank is an institution that serves as the financial intermediary in the economy. They are responsible for cash flow within the nation's economy. Their main functions include:
function of public sector in india
justifies the worth of banks in the financial world for it is a must that banks must have substantial amounts of deposits
most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
They are both holders of someone else's debt.
function of public sector in india
1)it is banker to banks 2)lender to the banks
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roles of foreign banks
justifies the worth of banks in the financial world for it is a must that banks must have substantial amounts of deposits
Banks play a vital role to keep the flow of money in the economy in a controlled manner following the guidelines of RBI.
to make sure the banks are obeying laws and regulations
to make sure the banks are obeying laws and regulations
to make sure the banks are obeying laws and regulations
most of the time the commercial bank is the only one who exercises exchange function that dont have those rural banks,cooperative banks and etc.Commercial bank also is one who is qualify for applying for universal bank because it has alot of function aside from exchange function but they have also loan discount function ,collection,fiduciary and trust function.
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.
The goals of Rural Banks are to provide banking services to the rural/village population of India. Gramya banks or Grameen banks are banks in India that provide banking services for the rural population in India. There are a total of 32 Grameen banks in India.