Top-10-Bank-in-India

Top 10 bank in India

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 […]

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BANKER-OBLIGATIONS-TO-HONOUR-THE-CHEQUES

BANKER OBLIGATIONS TO HONOUR THE CHEQUES

Banker obligations to honour the cheques Obligations to honour the cheques : The deposits accepted by a banker are his liabilities repayable on demand or otherwise. The banker is, therefore, under a statutory obligation to honour his customer’s cheques in the usual course. Section 31 of the Negotiable Instruments Act, […]

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Laws-of-Banking-in-India

Laws of Banking in India

Laws of Banking in India   1. Evaluation of Banking Law in India Banking as a business has its own distinctive features when compared with all other trade and business. A Banking company deals mainly with the money of large number of depositors who do not have any control over […]

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SUBMISSION-OF-RETURNS-OF-FOREIGN-EXCHANGE-TRANSACTIONS-TO-BANGLADESH-BANK

SUBMISSION OF RETURNS OF FOREIGN EXCHANGE TRANSACTIONS TO BANGLADESH BANK

SUBMISSION OF RETURNS OF FOREIGN EXCHANGE TRANSACTIONS TO BANGLADESH BANK SUBMISSION OF RETURNS OF FOREIGN EXCHANGE TRANSACTIONS TO BANGLADESH BANK INTRODUCTION: Authoriseds being responsible for dealings in foreign exchange are required to keep proper records. Dealer It is also a requirement that they submit to the Bangladesh Bank prescribed periodic returns […]

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Cash-Management-Maintenance-of-Keys-and-Security-measures

Cash Management-Maintenance of Keys and Security measures

Cash Management-Maintenance of Keys and Security measures Cash Management, Maintenance of Keys and Security measures Introduction Cash is a very important and sensitive item for day-to-day transaction of the Branches. Internal check, supervision and monitoring at different stages of cash handling is extremely necessary to avoid the incidents of thefts, […]

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Information-of-Bank-of-India

Information of Bank of India

Information of Bank of India History of Bank of India: Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. Beginning with one […]

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www.bankingallinfo.com_Export Procedure

Export Procedure

Export Procedure   Exporter obtain Export Registration Certificate from Chief Controller of Import & Export >> Agreement for Export >> Obtain Export LC, Standby L/C or Contract >>  Export LC issued by issuing bank at the request of importer/buyer >>  The bank through which the L/C is send to the exporter is treated as advising […]

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