Functions of Banks In India

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Functions Of Banks In India

• Presented by Praveen kumar
• Http//indianbankdetails.Com

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Introduction

• Banks are the main financial source of Indian
  economy. There are 165 banks and more than 1 lakh
  branches are in India. All the banks and their
  branches are monitoring under RBI(Reserve Bank Of
  India)
• RBI is responsibility for all the economic
  problems in India. They have formed several set
  of rules and regulations.
• Banks are performing so many functions for their
  customers and the main function are listed in
  this presentation.

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Functions

•  Accepting Deposits
• Granting of Loans and Advances
•  Agency Functions
• General Utility Functions
• RBI has issued IFSC code for all banks and their
  branches which are helps in EFT(Electronic Fund
  Transfer)

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Functions-Of-Bank-In-India
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Functions Of Bank In India
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Conclusion

• These are the most important functions performed
  by the banks in India. Bank audit will be conduct
  by the RBI in year end.
• http//indianbankdetails.com/