Category: Banking

The Banking Laws (Amendment) Bill 2012

The Banking Laws (Amendment) Bill, 2012, has been cleared by both houses of Parliament. The bill will become law once President Pranab Mukherjee signs it.  Some Features of the Bill are as Follows– The new regulation increases the shareholders’ voting…

Online-Banking/E-banking

E-banking refers to electronic banking. E-banking involves information technology based banking. Services are delivered through the computer/telephone based system. This system gives a lot of relief to customers as; they need not require visiting the bank branches every time. E-banking…

Central Bank’s policy and its effect

Every free economy’s  monetary & bank’s policy is regulated by the central bank of that economy.Central bank controls the demand and supply of the money in the market through the increase or decrease in the various policy instruments such as…