Basel Accord, Merits and Weaknesses of Basel norms
by The Basel Accord, also known as the Basel framework or Basel agreements, is a series of international banking regulations issued by the Basel Committee on …
Tag: BCOM203 Corporate Laws
Impact of financial sector reforms on Banks
Over the past few decades, India’s financial sector has undergone significant reforms aimed at promoting economic growth, financial stability, and inclusive development. These reforms have …
Types of bank accounts, Process to open various types of bank accounts
In India, banks offer various types of accounts to cater to the diverse needs of customers. Some of the common types of bank accounts available …
Banking complaints and Ombudsman
Banking complaints are grievances raised by customers or stakeholders against banks for issues related to their services, products, or conduct. These complaints can arise due …
Banking Operations
Banking operations refer to the day-to-day activities and processes carried out by banks to provide various financial services to their customers. These operations are essential …
Electronic Clearing System (ECS), Types, ECS Timing and Settlement, ECS and NACH, Advantages and Disadvantages
Electronic Clearing System (ECS), Types, ECS Timing and Settlement, ECS and NACH, Advantages and Disadvantages
Electronic Fund Transfer (NEFT), Features, Process, Advantages, Disadvantages
National Electronic Funds Transfer (NEFT) is a popular electronic payment system in India that allows individuals and businesses to transfer funds from one bank account …
Home banking, Features, Advantages, Future Prospects
Home banking, also known as home-based banking or remote banking, refers to the provision of banking services and transactions from the comfort of one’s home …
Internet Banking and its benefits, Advantages, Challenges, Futures
Internet Banking and its benefits, Advantages, Challenges, Futures
Virtual Banking
Virtual banking, also known as digital banking or neobanking, is a new and innovative approach to banking that operates entirely online, without the need for …
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