In this blog, we are going to brief the Cooperative Banking of India and by the end of this article you’ll be able to learn: What are Cooperative Banks? History of Cooperative Banking Structure/ Types of Cooperative Bank The function of Cooperative Bank Let us first understand what is the meaning of cooperative society. When […]
The banking system is the backbone of the economy of a country. The banks also play a crucial role in day to day life of the citizens.
5 Major Functions of Commercial Banks: In this article, we are going to explain, 5 Major functions of Commercial Banks. What are Commercial Banks? Commercial Banking in India. but before we start, let us know What are the Commercial Bank first. “Commercial Banks are those financial institutions which accept deposits from the public and advance […]
In this article, we will understand the structure (or hierarchy) types of banking in India. We will also discuss the functions, importance, the purpose of establishment of each type of banks established in India. First to understand the whole topic see the following hierarchy of Banking system in India. Also to understand the overview of […]
Nationalisation of Banks in India:- In this article, we will learn What is the Nationalization of Banks? Why was the Nationalization needed? How many banks were nationalized in India and when and how the nationalization took place? We will also understand the reasons behind nationalization of banks in India. Before we go into Nationalization of […]
History of banking in India: History of Banking in India Before we start we need to understand where the term “Banking” emerged. The term Banking emerged from an Italian word “ Bancho ” which mean is “bench”. In early days people used to do transactions sitting on a bench since then this banking term […]