BANKING EVOLUTION!!!

SOUMYAJIT MUKHERJEE

Enrollment no-VU00073

BENGAL INSTITUTE OF BUSINESS STUDIES

BANKING:-

A system of trading money which:- provides a safe place to save excess cash,

known as DEPOSITS. supplies liquidity to the economy by loaning

this money out to help businesses grow and to allow consumers to purchase consumer products, homes, cars etc.

BANK:-

Institutions which deals in money & credit. which handles other people’s money both

for their advantage and to its own profit. links the flow of funds from savers to the

users. plays an important role in the economy of

any country as they hold the saving of the people.

HISTORY @ GLANCE of INDIAN BANK:-• First bank-1786(General Bank of India)• 3 phases till today Early phase from 1786-1969 of Indian banks.Nationalization up to 1991 prior to Indian

Banking sector reforms.New phase of Indian Banking System with the

advent of Indian Financial & Banking Sector reforms after 1991.

Central Bank• Reserve Bank• Owned By Govt.

Public & Private Banking • SBI• FOREIGN BANKS

Co-Operative & Development Banks• Co-operative Banks• IDBI,ICICI

EARLIER ROLE:-

TEND TO NEW :-