Banking - ThesisBusiness

Importance & Functions of Production Management –

May 24, 2021 by Raj Verdhan

Abstract:

Production management is concerned with the creation of products and services using a business model. They’re also relevant in service and manufacturing businesses. The application of management and concepts to the production function in a factory is referred to as production management.

Production management, in basic terms, entails the planning, coordinating, directing, and controlling of the manufacturing process. It holds a critical position at the heart of an enterprise, balancing the need to deliver value to the business (typically profit) with what consumers want and what’s technically and operationally feasible. This article aims to elaborate importance and functions of production management.

Government Banks in India – [List As of April – 2021]

May 7, 2021May 4, 2021 by Raj Verdhan

Banks are the most significant components of the Indian financial system. There are typically two major types of banks in India eg. Public Sector Banks & Private Sector Banks.

Public Sector Banks are also known as Government Banks, hence, in this article, we will provide a complete list of government banks in India.

Difference between Letter of Credit and Bank Guarantee

December 22, 2020October 15, 2020 by Raj Verdhan

There is always a credit risk for both buyers and sellers during domestic or international trade/ transaction between two parties. The letters of credit and bank guarantees, both are utilised to mitigate the credit risks of buyers. However, letter of credit and bank guarantee are not similar and often used (domestic and international) in different circumstances during the export and import transaction or performance of real sates and infrastructure projects.

7 Types of Bank Accounts | With Features & Benefits

December 22, 2020October 12, 2020 by Raj Verdhan

There are various types of bank accounts which anyone can open in nearby banks whether it is public or private. Are you a professional, self-employed or entrepreneur? Looking for opening a bank account or just curious to know the different types of bank accounts.

List of Banks in India | Indian Banks List (As of April 2020)

December 22, 2020September 30, 2020 by Raj Verdhan

The banks are the major components of the Indian financial system which play a vital role in the economic development of India.

In this article, we will go through each type of banks functioning in India as of 1st April 2020. But before we go ahead, let us first discuss how many categories of banks are functioning in India.