The Indian Banking System, what do you know about banks? The function of banks.

What do you know about Banks? A bank is a financial institution where main purpose is to accept money deposits and lend them to borrowers. It is an intermediary between the depositors and investors. Initially, the main function of banks is accepting money, lending money and investing in various bonds and securities. As the sector … Read more

Fixed deposit auto rollover, what’s in it for you?

Maintaining a term deposit account or you may say a fixed deposit in a bank is a pretty simple task. Nowadays without visiting a bank, you can open directly through your internet banking. All is done digitally both opening as well as closing of your account.  At times when your fixed deposit gets matured you … Read more