A bank is a financial institution which accepts deposit for the purpose of lending. In other words, bank is a banking company which trades in money. The word “banking” means the accepting for the purpose of lending or investment of deposit of money from the public repayable on demand. India’s Banking History In India, the … Read more
Welcome to Banking Zone where you will get immense knowledge in the field of banking industry. Banking is one of the most crucial tiers of an Indian Economy. Bank loan and advances means families don’t have to save up before going to college or buying house. By keeping this in mind and for solving day … Read more
Covid-19 outbreak: 3 months moratorium on all loans, says RBI Governor You might have come across with the news on moratorium law for granting 3 months “Moratorium” on Term Loan and “Deferment of Interest”on Working Capital by banks as announced by Reserve Bank of India. Reserve Bank of India notification … Read more