· A bank is an institution that accepts deposits of money from the public withdraw-able by cheque and used for lending. Thus, there are two essential functions which make a financial institution a bank: (1) Acceptance of Estimated Reading Time: 2 mins The first essay in this dissertation, “Are Bank Loans Special? Evidence from Normal Times and Financial Crises”, provides empirical evidence of the certification value of bank loans from the U.S. market in the last two decades, which has experienced both market crisis and banking crisis. Using a novel dataset that merges 11, loan dealsAuthor: Herman Saheruddin Essay on Banking Economics of Banking. blogger.comg: Economics of Banking (blogger.comn:September ) Chapter 18, page 1 Chapter 18 Technology In Banking. The Banking conditions in the country are far better to any other country in the world. Banking Banking: Theory And Practice. Banking
Essay On Banking • English Summary
All of us have seen a bank and most probably have also visited them. But very few of us know about their types and all of their functions, essay on banking. I have brought these essays containing all the details about a bank and will also help you in wiring your essays. Banks are the places where we keep our money or do all our money-related work.
Either it is getting a loan or something else. This type of essay on banking has been addressed as a essay on banking. Although the word has various meanings, all of them mean the same. It is a place where you feel relaxed. When we are in pressure or have to solve some money-related problems we visit a bank. The existence of a bank was seen for the first time in Mesopotamia in BC.
The evidence of bank and temples were seen in this civilization. These banks were not made for lending money essay on banking the money came afterword. These banks were made for lending seeds and agricultural stuff, essay on banking. They also used to keep records of trading.
Modern banking came into existence between the 17th to 19th centuries. It is said that Goldsmiths were the first bankers and they use to lend money to people and people use to keep their valuable things near goldsmiths. The first-ever bank which offered bank noted was the Bank of England. It essay on banking developed and today we have well-established banks. We also have ATMs and Credit cards, etc. All these things have made banking easy.
Everything established in this world slowly. Either it was a man or a bank. Things develop and progress as per time. Today things seem so simple to us but they were not so simple and easy years before. A bank is one of the best examples which show development and change in society. Banks are denoted as one of the most important pillars of our economy.
People keep their savings in these banks and essay on banking helps our nation to progress, essay on banking. Banks help people in various ways; they lend money for different work. Like if you have to buy a house, a car, even a laptop, banks give us money on certain interests and we essay on banking easily pay it in different instalments.
Apart from this, there are many more uses of a bank. Banks are important and useful in many ways and I have mentioned some of the most important uses below. We feel safe when we keep our money in a bank. Not only money people also keep other valuable things in banks like ornaments, important papers, etc. They provide overall security and many of our parents really feel thankful that they can safely keep their money somewhere. It will be not wrong if I say that we sleep peacefully because we have banks to protect us, essay on banking.
It is a human tendency that if we have money in our pocket, we will definitely spend it. Whereas if they are in a bank, essay on banking, we feel a bit lazy to use and also banks provide interesting profits and sometimes they also double your money in some schemes.
This saves our money and we develop a good bank balance. There are more than thousands of employees working in a particular bank and there are 34 banks and all of them have more than 3 branches in a particular city.
They are also available in villages, really one of the hottest sectors which provide employment. Many of us just love to be a part of a bank because it is a reputed job. It was a time when people use to help each other and families use to do everything for their near and dear ones. But time has changed how people live in nuclear families and they do not have many contacts. People in cities hail from different places as a result they won't trust.
Then who will help you financially, who will trust you and give you some money when you need it. It is a bank which provides loan and helps you financially. Banks are important parts of our life and have become very necessary for us.
We go to school for education, we visit a temple for prayer similarly there is a place where we visit to solve our money-related problems. We save our money, valuable things and also get a loan. A one-stop solution for all types of money related problems.
There are many banks in India and some of them are government whereas some of them are private. All of them do the same job and help people in different ways. Whereas Bank of Calcutta was the first bank of India established in the year The name was further changed as Bank of Bengal and also today known as SBI. Banks are of different types some help people in their agricultural problems whereas some help us in our day-to-day problems, essay on banking.
I have defined them below. Banks that are controlled by legislative bodies are central banks. It can be a central bank or reserve bank. We can also state them as the main bank which decides the interest rates as per inflation in the country.
They are not only a bank but they also keep an eye on other banks and controls the overall money supply. They also take care of any kind of foreign exchange as well as government bonds.
We can call them as the head of all banks. A bank, that is, specially designed for the development of business. They provide loans and some business benefiting offers. They especially support middle to big size business, essay on banking. Another name of Retail bank is consumer bank; these banks provide all kinds of facilities to costumers. People save their money in these banks and they have their easy access to their accounts.
They can take or deposit money whenever they want. They provide credit cards, essay on banking cards, ATM facilities, etc to the customer. Private Banks are also banks having people with personal profits, essay on banking. They provide all facilities like other retail banks just they are not authorized by government agencies.
Although the government has an eye on every bank they have very few shares owned by government sectors. Online banking or internet banking is one of the most convenient forms of banking.
They are easily available where ever you want on your fingertips. It is also termed as virtual banking and is a branch of banking. Digital transactions are specially used in this mode of banking and it is most popular these days.
That bank where we simply deposit our money and they provide us with some interest in our money is saving bank. These banks are specially designed for people living in rural areas.
They are commercial banks but they are operated at the regional level. They provide all kinds of financial facilities to people living in that area and essay on banking for their betterment. Banks are the basic structures of our economy; they are very helpful in developing a nation.
They secure our money and also invest that money in other sectors and generate new income. Really banks are very important and they also help normal people in developing a new business or even buying a house. They have multiple uses and they are available everywhere.
We can easily find ATMs and have our money whenever needed. Top Menu Essay Speech Paragraph Contact us. Main Menu Essay Speech Paragraph Contact us. Login in to your account. Lost your password? Lost Password. Back to login. Essay Speech Paragraph Contact us. Essay Essay on banking — Collections of Essays for Students.
Essay on Bank Essay. by essaybanyan. Short and Long Essays on Bank Essay 1 Words - Bank Introduction Banks are the places where we keep our money or do all our money-related work. How Banks Came into Existence The existence of a bank was seen for the first time in Mesopotamia in BC.
Conclusion Everything established in this world slowly. Previous Story Essay on Impact of Cinema in Essay on banking.
Essay on Bank
, time: 2:08Short and Long Essay on Bank for Students
Banking is a very powerful instrument of social change. Banks are playing a crucial role in bridging the gap between the rich and the poor. In fact, banking is the backbone of the modern economy. It is difficult to visualize how trade, commerce or business can be conducted without an efficient banking system. Banking had been in existence even in earliest times, though in other Estimated Reading Time: 2 mins Essay # 1. Automated Teller Machine (ATM): These days, customer services have been greatly expanded by banks. Earlier banks used to provide their customers services so far they could be ‘Satisfied Customer’ but now they want to provide them services to give the feeling of Estimated Reading Time: 7 mins Here is a compilation of essays on ‘Banks’ for class 9, 10, 11 and Find paragraphs, long and short essays on ‘Banks’ especially written for college and banking blogger.comted Reading Time: 8 mins
No comments:
Post a Comment