Type of Bank Accounts

The bank is different from all other banks and is known as one of the best company to work with because of its youth-oriented policy. It is a market-savvy private sector bank with a youthful image: the average age of its 37,901 employees

deposit to satisfy the Minimum Balance Requirement. Once the savings is opened and funded, the

Question and Answer: Question 1: Conduct an internal Money Market Account: There is facility for check card with free ATM transaction but there is limit for six withdrawals per month.

The SBI Kohinoor Banjara branch received many account opening requests within a few days of its opening. In addition, it also broke even in

Business correspondents are the key players in Microfinance sector with technology-based transactions they are provided Point of Sale (POS) devices and doing EKYC through the finger print technology. They use Micro-ATM (POS) handheld device to perform basic financial transactions like Deposit, Withdrawal, Funds Transfer, Balance Enquiry, Mini Statement and other remittance. The below table depicts the POS based transactions during last five year across various

MCB Bank Ltd. Stock Exchange Branch, Lahore. Advisor: Mr. Khurram shahzad (Lecturer) Muhammad ajmal khan F003-MBA-028 February 21, 2006 Dedication & Acknowledgements I dedicate this internship report to my parents. Because of their prayers and encouragement I have been able to complete this report. Praise is to Allah, the most Gracious and Merciful, who blessed me with the knowledge and wisdom and enabled me to overcome this task. Heartiest gratitude to my parents without their continuous encouragement and love I could not have accomplished this task. I am very grateful to my advisor Mr. Khurram Shahzad and Mr. Fahad Hassan Incharge placement centre for their continuous help, support and time during the entire course of my

Payment Banks – Good or Bad Imagine a world where phones actually complete your entire world. Where you don’t have to worry about cash to pay your bills; a swipe from your phone et voila! Your bill is paid. Imagine 1.2 billion Indians empowered with that kind of facility. So what eliminates

Ikobo cards: This is a re-loadable prepaid visa debit card. It is in no way linked to your bank account meaning there is no need for any credit checks; very useful for those people with a bad credit rating. You can transfer money on to the card and then this can be withdrawn from any ATM anywhere in the world which has the Visa sign. To gain an Ikobo card you simply order one directly from them and have it sent to whom ever you want.

Presence of banking services and products aims to provide a critical tool to inculcate the savings habit. It also creates avenues of formal credit to the unbanked population who are otherwise dependent on informal channels of credit like family, friends and moneylenders.

To avail the service, you have to authorise your Indusland Bank credit card for deducting the amount directly from your bank account. All you have to do is to completely fill the NACH form after reading all the terms and conditions and then authorise the Indusland Bank to debit your other bank accounts. . It is a great way to save a lot of time and effort and make your Indusland Bank credit card bill payment with ease.

The Narsimham Committee Report-I and II (1991 and 1998), Government of India 19. The Committee on Audit of Urban Co-operative Banks-1995 (Chitale Committee), RBI, Mumbai 20. The Narsimham Committee Report-I and II (1991 and 1998), Government of India 21. Banerjee Amalesh and Singh S.K. (2002), Banking and Financial Sector Reforms in India, Deep and Deep Publications Pvt. Ltd., New Delhi-p.265 (Report of K. Madahav Rao Committee (1979)

What is a current account? Current Account is primarily meant for businessmen, firms, companies, and public enterprises etc. that have numerous daily banking transactions. Current Accounts are cheque operated accounts meant neither for the purpose of earning interest nor for the purpose of savings but only for convenience of business hence they are non-interest bearing accounts. In a Current Account, a customer can deposit any amount of money any number of times. He can also withdraw any amount as many times as he wants, as long as he has funds to his credit. Generally, a higher minimum balance as compared to Savings Account is required to be maintained in Current account.

Introduction to Macroeconomics Macroeconomics is one of the main branches of economics. The best way to understand what macroeconomics is about is perhaps to contrast it with microeconomics, another main branch of economics. Microeconomics studies parts of the economy. Macroeconomics looks at the whole. In other words, macroeconomics tries

Negative trend in Net NPA presents the efficiency of the bank. Every bank tries to minimize the Net NPA and should control them. All the banks selected for study exhibited a positive high growth rate in the assets. The public sector banks presented a high growth of 218.65% in the year 2012-13 for Andhra Bank and State Bank of India with a growth rate of 102.27 in the year 2015-16. In case of ICICI Bank 110.90% in the year 2015-16 will be highest growth in the value of Net Non Performing Assets.

new chapter in banking. RESEARCH METHODOLOGY The author used Secondary data for collection and collected the data from the various sources like reports on trends and progress of banking in India , Indian banking year book, IBA bulletin , Chartered financial analyst , ICFAI and to test the statistical significance ANOVA