Loan Amortization
by An amortized loan is a loan with scheduled periodic payments that are applied to both …
Time Value of Money, Present, Future Value of Money
The time value of money is generally a principle within a financial theory which states …
Right and Liabilities of Paying and Collecting Banker
The following are the rights of a collecting banker: The banker should present the cheque …
Dishonours of cheques
Where any cheque drawn by a person on an account maintained by him with a …
Presentment
The written notice taken by a grand jury of any offence, from their own knowledge …
Endorsement, Types
The act of a person who is a holder of a negotiable instrument in signing …
Cheque Parties, Types
A cheque is a very common form of negotiable instrument. You need a savings bank …
Types of Customer account
Account is nothing but an outline of the transactions undertaken by the business in respect …
Relationship between Banker and Customer
The relationship between a banker and a customer depends on the type of transaction. In …
Operational Aspects of Commercial Bank in India
Primary Operational Aspects of Commercial Bank in India Refer to the basic functions of commercial …