logging in or signing up Banking chandu.mevada Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Dynamic Copy Does not support media & animations Automatically changes to Flash or non-Flash embed WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 522 Category: Education License: All Rights Reserved Like it (0) Dislike it (0) Added: September 22, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... Premium member Presentation Transcript Banking : Banking MBA First sem. 1st Day Project Date 26 Aug. 2010 Chandu Mevada Cell.No. 9974008185 Definition of Banking : A bank is a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. Definition of Banking Top 3 Bank in the world : Top 3 Bank in the world 1 BNP Paribas SA , Paris , France 2 The Royal Bank of Scotland Group plc , Edinburgh , UK 3 Crédit Agricole SA , Paris , France Role of Banking : Banks provide funds for business as well as personal needs of individuals. They play a significant role in the economy of a nation. Role of Banking Types of Banks : Types of Banks Functions of Commercial Banks : (A) Primary functions; and (B) Secondary functions. (i) Primary functions a) Accepting deposits; and b) Granting loans and advances. 1, Loans 2, Advances Functions of Commercial Banks Types of Advances : a) Cash Credit b) Overdraft c) Discounting of Bills Types of Advances E-banking (Electronic Banking) : Automated Teller Machine (ATM) Banks have now installed their own Automated Teller Machine (ATM) throughout the country at convenient locations. By using this, customers can deposit or withdraw money from their own account any time. E-banking (Electronic Banking) Debit Card : Banks are now providing Debit Cards to their customers having saving or current account in the banks. The customers can use this card for purchasing goods and services at different places in lieu of cash. The amount paid through debit card is automatically debited (deducted) from the customers’ account Debit Card Credit Card : Credit cards are issued by the bank to persons who may or may not have an account in the bank. Just like debit cards, credit cards are used to make payments for purchase, so that the individual does not have to carry cash. Banks allow certain credit period to the credit cardholder to make payment of the credit amount. Interest is charged if a cardholder is not able to pay back the credit extended to him within a stipulated period. This interest rate is generally quite high. Credit Card Net Banking : With the extensive use of computer and Internet, banks have now started transactions over Internet. The customer having an account in the bank can log into the bank’s website and access his bank account. He can make payments for bills, give instructions for money transfers, fixed deposits and collection of bill, etc. Net Banking Phone Banking : In case of phone banking, a customer of the bank having an account can get information of his account, make banking transactions like, fixed deposits, money transfers, demand draft, collection and payment of bills, etc. by using telephone . As more and more people are now using mobile phones, phone banking is possible through mobile phones. In mobile phone a customer can receive and send messages (SMS) from and to the bank in addition to all the functions possible through phone banking. Phone Banking Slide 13: Thank You ! You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.