Employment of Funds by Commercial Banks Financial Statement Analysis

The reported financial statements for banks are somewhat different from most companies that investors analyze. …

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Ancillary Services of the Bankers

Ancillary services are other services that banks offer to common men along with the necessary …

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Bill Discounting and Purchasing

Bill Discounting Bill Discounting is a method of trading the bill of exchange to the …

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Right and Liabilities of Parties

Right of Parties Conduct of business Can express opinion Access, inseption, copy Equality of Profits …

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Promissory Notes, Bill of exchange and Cheque

Negotiable Instruments are written contracts whose benefit could be passed on from its original holder …

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Characteristics of Negotiable Instrument

Property The possessor of the negotiable instrument is presumed to be the owner of the …

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Loan Amortization

An amortized loan is a loan with scheduled periodic payments that are applied to both …

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Time Value of Money, Present, Future Value of Money

The time value of money is generally a principle within a financial theory which states …

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Right and Liabilities of Paying and Collecting Banker

The following are the rights of a collecting banker: The banker should present the cheque …

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Dishonours of cheques

Where any cheque drawn by a person on an account maintained by him with a …

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