2. HISTORY
The History of banking refers to the development of
banks and banking throughout history, with banking
defined by contemporary sources.
The history begins with the first prototype banks of
merchants of the ancient world.
3. DEFINITION
Banking can be defined as the business activity of
accepting and safeguarding money owned by other
individuals and entities, and then lending out this money in
order to earn a profit.
4.
5. Keep money safe for customers.
Offer customers interest on deposits, helping to
protect against losing value against inflation.
Lending money to firms, customers and homebuyers.
Offering financial advice and related financial
services, such as insurance.
6. General Definition:
It is a place where we often wind up, when are
seeking a problem in financial crisis and money related
query.
12. BASEL I : The Basel Capital Accord
BASEL II : The New Capital Framework
BASEL III : International Framework For Liquidity Risk
Measurement, Standards And Monitoring