What is electronic banking and discuss the scope and advantages of Electronic banking
Electronic Banking :- In simple words we can say that the delivery of banking services to the customers by using t…
Electronic Banking :- In simple words we can say that the delivery of banking services to the customers by using t…
BUSINESS FINANCE :- According to George Terry "Finance consists of providing and utilizing the money, capital r…
Pakistan is an ideological country and since 1947 it was the burning desire of the Pakistanis that they should …
EQUITY FINANCIER OR OWNER'S FUNDS :- Equity means the ownership to the resources of the business. It is an …
MUSHARIKA :- The bank and customer join the temporary partnership and carry on the business. The bank and customer…
MODARABA :- Modaraba is a business in which one person participates with his money and another person with his…
In Pakistan capital market mainly consists upon the following institution : 1. STOCK EXCHANGE :- It is a market…
MONEY MARKET :- In a sense we can say that money market is that market which provides loans for the short term…
INDUSTRIAL DEVELOPMENT BANK (IDBP) :- The IDBP was set up in 1961. Its paid up capital before 1974 was Rs. 50 m…
NATIONAL BANK OF PAKISTAN :- In 1949, India refused to purchase our jute government of Pakistan…
Govt. Of Pakistan has decided to privatize the commercial banks on the following grounds : 1. Self Reliance…
The Govt. of Pakistan nationalized all the banks, on 1st Jan. 1974. The weaker banks were merged with the strong b…
ROLE OF THE COMMERCIAL BANKS IN THE DEVELOPMENT OF PAKISTAN :- The banking system in Pakistan is very well orga…
Types or Kinds of Banks There are various kinds of banks in present age. Every has different features. Following …
The central bank is the controller of credit and it adopts two types of techniques, qualitative and quantitati…
Following are the various kinds of letter of credit 1. Revocable L.C :- A recoverable L.C can be cancelled o…
A letter of credit has an important place in financing the international trade. It is the safest method of paym…
LETTER OF CREDIT :- Mr. Frank Henious has defined it in the following words, "The letter of credit is a writ…
LIFE POLICY :- It is a contract between insurance company and certain person in which the insurance company promi…