This powerpoint will help to understand the functions of banks in India. People could aware with the banking system and it will help to create awareness in public also.
this is the prentation for Functions of commercial banks for knowledge purpose. in this we include definition, types of commercial banks & all the functions which a bank perform.
this is the prentation for Functions of commercial banks for knowledge purpose. in this we include definition, types of commercial banks & all the functions which a bank perform.
commercial banks are A class banks in Nepal. Nepal rastra banks regulated all banks in Nepal. commercial banks should uses the Basel ii for capital adequacy calculation and all commercial banks should fallow all the directives which provides by NRB.
“Banking” means the accepting for the purpose of lending or investment, of deposit of money from public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise. Banking LawThe Reserve Bank of India as the Central Bank of the country plays different roles like the regulator, supervisor and facilitator of the Indian Banking System. If you are a law student these notes on banking law will help you with your LLB and LLM exams and also in your profession as an Advocate. If you wish to add more contents here simply register and write an article.
commercial banks are A class banks in Nepal. Nepal rastra banks regulated all banks in Nepal. commercial banks should uses the Basel ii for capital adequacy calculation and all commercial banks should fallow all the directives which provides by NRB.
“Banking” means the accepting for the purpose of lending or investment, of deposit of money from public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise. Banking LawThe Reserve Bank of India as the Central Bank of the country plays different roles like the regulator, supervisor and facilitator of the Indian Banking System. If you are a law student these notes on banking law will help you with your LLB and LLM exams and also in your profession as an Advocate. If you wish to add more contents here simply register and write an article.
Deposit Facilities and Banking ServicesHumsi Singh
The presentation gives an outlook of various deposit accounts and banking services. The presentation also gives an overview of the basic functions performed by the banks and the provision of their services.
Deposit Facilities and Banking ServicesHumsi Singh
The presentation gives an outlook of various deposit accounts and banking services. The presentation also gives an overview of the basic functions performed by the banks and the provision of their services.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
3. Primary Function
Collection of deposits
Making loans and advance
Secondary Function
Agency services
General utility services
4. Collection of deposits
The most important activity of a commercial bank is to mobilise deposits
from the public. People who have surplus income and savings find it
convenient to deposit the amounts with banks.
• A current account is used to make payments
• Savings account is an interest yielding
account
• Fixed or term deposits are used by the customers to save
money for a specific period of time, ranging from 7 days to
3 years or more
Primary Function
5. Making loans and advance
Loans
Advances
a) Cash Credit
b) Overdraft
c) Discounting of Bills
A loan is granted for a specific time period. Generally, commercial banks
grant short-term loans. But term loans, that is, loan for more than a year,
may also be granted. The borrower may withdraw the entire amount in lump
sum or in instalments
An advance is a credit facility provided by the bank to its customers. It
differs from loan in the sense that loans may be granted for longer period,
but advances are normally granted for a short period of time.
Overdraft is also a credit facility granted by bank. A customer who has a
current account with the bank is allowed to withdraw more than the
amount of credit balance in his account. It is a temporary arrangement.
Banks provide short-term finance by discounting bills that is,
making payment of the amount before the due date of the bills after
deducting a certain rate of discount.
6. Secondary Function
Agency services
The customers may give standing instruction to the banks to
accept or make payments on their behalf.
The following agency services are provided by the bankers:
• Payment of rent,
• Insurance premium,
• Telephone bills,
• Instalments on hire purchase,
• The bank collects cheques, drafts, and bills
on behalf of the customer.
• The banks can exchange domestic currency
for foreign currencies.
7. General utility services
Safeguarding money and valuables:
People feel safe and secured by depositing their money and valuables in the
safe custody of commercial banks. Many banks look after valuable
documents like house deeds and property, and jewellery items.
Transferring money:
Money can be transferred from one place to another. In the same way, banks
collect funds of their customers from other banks and credit the same in the
customer’s account.
Merchant banking:
Many commercial banks provide merchant banking services to
the investors and the firms
8. • Automatic Teller Machines (ATM):
The ATMs are machines for quick withdrawal of cash. In the last
10 years, most banks have introduced ATM facilities in
metropolitan and semi-urban areas.
Traveller’s cheque:
A traveller’s cheque is a printed cheque of a specific
denomination. The cheque may be purchased by a person from
the bank after making the necessary payments
Credit Cards:
Credit cards are another important means of making payments. The
Visa and Master Cards are operated by the commercial banks.
9. In developing countries like India commercial banks
perform certain promotional (developmental) activities.
For example, nationalized banks in India provide credit
to the top priority sectors of the economy such as
agriculture, and small-scale and cottage industries. In
this way commercial banks help to promote the socio-
economic development of the country.
Conclusion