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Inflation basically means a regular and persistent rise in the price level of the country. The...

Types of Banks The banks are generally classified on the basis of the functions performed by them...

Definition of a Central Bank A central bank has been defined in terms of its functions. According...

Bank is an institution which accepts deposits from the public and in turn advances loans by...

A clearing house is a financial institution that provides clearing and settlement services for...

Credit means availing the benefits of purchasing an asset without paying for the same...

After independence the Government of India (GOI) adopted planned economic development for the...

The provision of banking services through electronic channels and the customer can access the data...

Credit is trust which allows one party to provide money or resources to another party wherein the...

Regional Rural Banks The Regional Rural Banks (RRBs) provide credit and other facilities to the...