Banking Industries In India

Seminar Report On BANKING INDUSTRIES IN INDIA Submitted for partial fulfillment of emergency for the yield of degree of Master of Business Administration Of CHHATTISGARH SWAMI VIVEKANAND expert UNIVERSTY BHILAI (C.G.) Session 2009-11 Submitted By Neelam Meshram MBA IV Semester MBA/09/4233 Department of Management RUNGTA montage OF ENGINEERING & TECHNOLOGY APPROVED BY AICTE, young DELHI, KOHKA-KURUD ROAD, BHILAI INTRODUCTION OVER VIEW OF BANKING: The General banking concern of India was found up in the year 1786. Next came border of Hindustan and Bengal Bank. The atomic number 99 India Company established Bank of Bengal (1809), Bank of Bombay (1840) and Bank of Madras (1843) as independent units and called it presidency banks.

Banking Regulation turn of India, 1949 defines Banking as accepting, for the role of lending or of investment of deposits of specie from the public, repayable on demand or former(a)wise or withdrawable by cheque, draft raise or otherwise. The Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949, govern the banking operations in India. WHAT IS BANKING? * A system of rules of trading money which provides a safe place to alleviate excess cash, kn su stain as deposits. * Supplies liquidit! y to the deliverance by loaning this money disclose to help businesses grow and to will consumers to purchase consumer products, homes, cars etc. WHAT ARE BANKS? * Institutions which deals in money and credit. * An intermediary, which handles other peoples money twain for their advantage and to its own profits. * A financial institution that link up the turn tail of funds from savers to the users. * Plays an important role in the economy of any...If you motivation to get a full essay, order it on our website: OrderEssay.net

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