Online Banking overview Internet banking (or online banking) is a rapidly growing sector in Bangladesh, with many commercial banks offering robust digital platforms to their customers. It provides a convenient way to manage finances 24/7 without needing to visit a physical branch. Here is a summary of the services, key […]
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Features of Money Laundering Money laundering means billions of pounds and dollars a year are laundered through our financial systems. The methods used to launder money are similar whether it’s for white-collar crimes such as tax evasion, people/drug trafficking, or proceeds from fraud and internet scams. Anti Money Laundering Anti-Money […]
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Know your customer KYC Policy: 1) Customer Acceptance 2) Customer Identification 3) Monitoring of Transactions 4) Risk Management Definition of a Customer: (i) A person or entity (a) Maintaining an account with the Bank, or (b) Has a business relationship with the Bank (including borrowers/guarantors of loans, Demat account […]
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The Concept of Bank Merger: Steps, Examples, and Implications What is a bank merger? A bank merger is a corporate transaction in which two or more banks combine to form a single banking entity. The combination may take the form of one bank acquiring another (an acquisition), two banks joining […]
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Insurance for covering risk What are the requisites of insurance for covering risk Requisites of insurance may be summarized as follows: 1) Insurance must be effected by means of a legal contract and must meet the general requirements of contract as follows: a) It must be made by parties with […]
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What is Bill of Exchange A bill of exchange is an order made by the shipper or an exporter who is called a drawer of bill to the buyer or importer who is called a drawee of the bill, asking him to make the payment of the amount specified in […]
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Holder in Due Course and Payment in Due Course Holder in Due Course : According to Section 9 “holder in due course means any person who, for consideration, became the possessor of a promissory note, bill of exchange or cheque, if payable to bearer, or the payee or endorsee there […]
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Banking System in India The Dynamic Landscape of Indian Banking: A Comprehensive Overview India’s banking system is the backbone of its rapidly expanding economy, a complex and multifaceted structure that has evolved dramatically over centuries. From its nascent stages rooted in indigenous banking practices to the sophisticated, technology-driven behemoth it […]
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How To Begin Export in India The first step for new entrant is to identify the product or products which he intends to export. Before considering the product, one might begin by considering why to get involved with exports, at all. One may have the following objects for starting the […]
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Analysis of Top 10 Indian Banks This report provides a concise overview and analysis of the specified major Indian banks, categorized by their market role, recent financial performance, and strategic positioning as of late 2025. 1. The Big Three (Market Leaders) These banks dominate the Indian financial landscape in terms […]
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Top 10 Bank in India India is a big country, which has 51 Pradesh. It is also a big country in size. India has a strongest banking and financial sector. Indian banks are the best banks in terms of their business performances. Most of the reforms have happened post-independence and […]
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What is UCPDC 600 UCPDC 600 is the latest version of the rules that govern letters of credit transactions worldwide. UCPDC 600 is prepared by International Chamber of Commerce’s (ICC) Commission on Banking Technique and Practice. Its full name is 2007 Revision of Uniform Customs and Practice for Documentary Credits, […]
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Foreign Exchange Regulation (FER) Act, 1947 (Act No. VII of 1947) CONTENTS SECTIONS 1. Short title, extent and commencement 2. Interpretation 3. Authorised dealers in foreign exchange 4. Restrictions on dealing in foreign exchange 5. Restrictions on payment 6. Blocked accounts 7. Special accounts 8. Restrictions on import and […]
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Establishing an Export Office As soon as a company starts to obtain export business, some form of export office will be required along- with a system under which it should operate and certain people able to deal with the work. And before any goods can be dispatched, some dealings may […]
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Information-sharing meetings Information-sharing meetings differ from problem -solving How do information-sharing meetings differ from problem -solving or decision making? Ans. Meeting are called to solve problems or share information. Information-sharing meeting is a sitting of a group people for proper decision on a discussing matter/topic. Meeting can be an extremely […]
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