15 Types of Banks on the basis of Ownership
Definepedia Public Sector Banks Public sector banks are like the government’s banks. They are basically owned and operated by the government parties. For example, the State Bank of India (SBI) is…
Banking Explanation
Bank Management and Bank Organizational Structure
Arpit Organizational Structure The organizational structure of a bank is crucial to its efficient functioning and success. The structure typically consists of a chief executive officer (CEO) who oversees the entire…
Definition and Kinds of Negotiable Instrument
Definition and Types of Negotiable Instruments A negotiable instrument is a signed document that promises or orders a payment to a specified person or assignee. Examples of negotiable instruments include…
Commercial Bank and Its 8 Banking Services
Commercial Banks A commercial bank is a financial institution that accepts deposits, offers checking account services, makes various loans, and offers basic financial products like certificates of deposit (CDs) and…
Central Bank: Definition and Functions of Central Banks
Central Bank: Definition and Functions A central bank is a semi-independent government authority that manages a country’s monetary policy, regulates banks, and provides financial services. {tocify} {$title=Table of Contents} The…
What are the Different Types of Banking?
As you all know very well that banking is a crucial part of the financial sector. Different types of banking categorise different clients and offer different services. In this article,…