In India the banks and banking have been divided in different groups. Each group has their own benefits and limitations in their operations. They have their own dedicated target market. Some are concentrated their work in rural sector while others in both rural as well as urban. Most of them are only catering in cities […]
Read MoreWHAT IS A BANK ACCOUNT? A bank account is a financial account, which stores money on behalf of a customer. In general, the two most common types of bank accounts are transaction accounts and savings accounts. A transaction account (or checking account) allows the customer to freely and immediately access their money. This can be […]
Read MoreA bank is a financial institution which creates credit by lending money to a borrower thus creating a corresponding deposit on the bank’s balance sheet. They play a very important role in the economy of any country and are highly regulated. Banks are subjected to minimum capital requirement norms based on an international set of capital standards, known as the Basel Accords. Why save […]
Read More