Commited to Explore Knowledge
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
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
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: 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
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 … Read more