IFS UNIT 2: BANKING INSTITUTIONS |Indian Financial System for B.Com Bangalore University
visit website sugarybloom.blogspot.com UNIT 2: BANKING INSTITUTIONS Topics covered as per syllabus Commercial Banking – Meaning and functions, Types of Banks –Public, Private and foreign Banks, Payments Bank, Small Finance Banks, Cooperative Banking System and RRB’s. Investment Policy of Commercial Banks and Consolidation of Banks in India For IFS Unit 1 Introduction to Financial System in India New Science and Society solved paper 2019 Bangalore university Unit-1 Important MCQ Science and Society Commercial Bank Meaning A commercial bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profit. In fact, commercial banks, as their name suggests, axe profit-seeking institutions, i.e., they do banking business to earn profit. They generally finance trade and commerce with short-term loans. They charge high rate of interest from the borrowers but pay mu...