Indian Financial System | Components, Definition & Functions

Indian financial system

The financial system plays a significant role in the economic development of a country especially in the case of developing countries like India. The financial system of India facilitates the mobilisation of funds for the economic growth and development of the country and its residents.  The Indian financial system establishes the bridge between people having … Read more

What is Credit Rating? | Comprehensive Explanation

In this article, we are going to explain the meaning and definition of Credit Rating and you’ll be able to understand the whole concept by the end of this article. What is a Credit Rating? Definition of Credit Rating. Credit Rating and Credit Score Importance of Credit Rating  Who is allocated the Credit Rating? Sovereign … Read more

Cooperative Banking of India | An Overview

Cooperative Banking of India

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 … Read more

5 Major Functions of Commercial Banks

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 … Read more