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…
Category: Banking
Gold Loan in India-Benefits of Gold Loan-Required Documents
From ancient time people of India give a lot of importance to gold. Every Father gives gold ornaments to his daughter at the time of marriage. Every Indian likes to purchase gold ornament and coins at the time of Diwali…
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…