Merchant Banking: The term ‘Merchant banker’ was used in relation to a wealthy merchant, who developed the banking side of one’s business, in England. In
Stagflation is an economic condition when the economy experiences stagnant economic growth, high unemployment and high inflation. Stagflation is often happened by a supply-side shock.
Principles of Commercial Banks: A central bank is an apex institution of a country’s monetary and financial system. Since the monetary system (which includes commercial banks)
Commercial Bank: A commercial bank is a financial institution authorized to provide a variety of financial services, including consumer and business loans, savings accounts etc.
Contingent Functions of Money: Money is an important and indispensable element of modern civilization. In ordinary usage, what we use to pay for things is
Primary Functions of Money: The main functions performed by money are called primary or original function. Since the entire financial structure revolves around banks and financial
Xpress credit personal loans by SBI: With the growing demand for personal loans, different banks have come up with various personal loan schemes to lure
ESI Scheme Registration, Contribution and Allied Provisions: Any employer who becomes coverable under the Act can register online ( www.esic.in) and get registered. While registering online,
Digital empowerment in India challenges and opportunities, The digital wave in India is poised to create great strides in the functioning of the government and
