How many major banks are there operating internationally and
which are the top ones in the region and in the world? This blog begins with answers to these questions followed by a
brief but to the point discussion on various banking systems and functions of
the banks, namely, acceptance of deposits, lending and ancillary functions. How
to open or operate accounts and how to use cheques have been discussed in
details in the book. Additionally readers will find the history, theory,
explanation, vision and encyclopedia of bank, banking and banking business. How
modern banks are using internet banking, mobile banking and technology to lead
them to another superior level are described here. Each issue is supported by
the latest information and circulars, rules and regulations of the central
bank. In addition, more relevant and important banking terminologies useful for
the bankers have also been incorporated. Language used is simpler and tailor-made to suit both the bankers and students. Anybody interested in the
business of banking, bank accounting and management of banks will find this blog
very useful.
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