banks

Web 3.0 : Financial Service Industry

How is Web 3.0 changing Finance industry?

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Nationalization of Banks

Despite the provisions, control and regulations of the Reserve Bank of India (RBI) , banks in India except the State Bank of India (SBI), remain owned and operated by private persons. By the 1960s, the banking industry had become an important tool to facilitate the development of the Indian economy. […]

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COMMERCIAL BANKS & CREDIT CREATION PROCESS

COMMERCIAL BANKS A commercial bank is that financial institution which accepts deposits from the people and offers loans for the purpose of consumption or investment. The rate if interest charged by the commercial banks(for the loans the offer) is higher the the rate of interest paid by them (for the […]

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