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What is a Bank ? Introduction
Finance is the life blood of trade, commerce and industry.
Now-a-days, banking sector acts as the backbone of modern
business. Development of any country mainly depends upon
the banking system.
A bank is a financial institution which deals with deposits
and advances and other related services. It receives money
from those who want to save in the form of deposits and it
lends money to those who need it
•Banking – A Business of
Trust:
Banking – A Business of
Trust Banking is based on the
trust that banks will honour
their commitments Principles
on which banking business is
based
•Liquidity
•Safety
•Profitability
•Secrecy
•Service
•Quality
Banking
Banking

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Banking

  • 1.
  • 2.
  • 3. What is a Bank ? Introduction Finance is the life blood of trade, commerce and industry. Now-a-days, banking sector acts as the backbone of modern business. Development of any country mainly depends upon the banking system. A bank is a financial institution which deals with deposits and advances and other related services. It receives money from those who want to save in the form of deposits and it lends money to those who need it
  • 4.
  • 5. •Banking – A Business of Trust: Banking – A Business of Trust Banking is based on the trust that banks will honour their commitments Principles on which banking business is based •Liquidity •Safety •Profitability •Secrecy •Service •Quality