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Banking

Principles of Sound Lending

Lending is regarded as core function of banking institutions. The banks accept deposit from general public and lend that raised …

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Banking Desert: Meaning, Negative Impacts and History

Meaning Of Banking Desert Banking desert refers to census tract or neighbourhood having no bank branches situated within it or …

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Microfinance: Meaning, Types, Features, Pros & Cons and History

Meaning Of Microfinance Microfinance is a term for financial services offered to unemployed or low-income peoples or groups who lack …

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Credit Union: Meaning, Credit union vs Banks and Pros & Cons

Meaning Of Credit Union Credit union refers to non-profit financial institution that is owned by a group of peoples who …

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Bank Identification Number (BIN): Meaning, Working, Importance and Benefits

Meaning Of BIN Bank identification number refers to first four to six digits on payment cards issued by banking companies …

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Lockbox Banking : Meaning, Example, Advantages, Disadvantages

Meaning Of Lockbox Banking Lockbox banking is a secured mailing locations run by banks or financial institutions to provide businesses …

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Virtual Banking : Meaning, Features, Advantages, Disadvantages

Meaning Of Virtual Banking The facility of getting access to all baking and related services online without actually visiting the bank …

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Types of Non-Banking Financial Companies

Meaning of Non-Banking Financial Companies Registered companies that provide certain financial services similar to a bank but without any banking …

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Types and Importance of Investment Banking

Meaning of Investment Banking Investment banking is a special division of banking institutions that primarily deals with raising capital for …

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Nature, Characteristics and Scope of Merchant Banking

Nature of Merchant Banking Advisory in nature Merchant bankers provide advisory services to their clients in field of management, financial …

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