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After reading this essay you will learn about: 1. Meaning of Internet Banking 2. Objectives and Drivers of Internet Banking 3. Trends in India 4. Facilities Available 5. Emerging Challenges 6. Main Concerns 7. Strategies to be Adopted by Indian Banks. Essay on the Objectives and Drivers of Internet Banking
Why are banks important to the economy of a country?
Banks are financial institutions that lend money and accept deposits from general public. Banks maintain the flow of money in the country and are important for its economic growth. There are different types of banks that offer different kinds of services to individuals as well as businesses. Here are the various types of banks and their functions:
How is the banking system in the world?
The banking system that involves accepting deposits and lending money initiated centuries back in various parts of the world. The system improvised over the time and the banks these days offer various other facilities in addition to the basic depositing and lending of money.
Last Update: Oct 2021
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Antwanette
19.10.2021 05:45
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The banks, the interest rates, the borrowings are whatsoever of the points to be reasoned when evaluating some country's development.
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