Importance of Business Banking Commerce YouTube Lecture Handouts

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Title: Importance of Business Banking

Importance of Business Banking

Illustration: Importance of Business Banking

Banks Connect Those Who Have Capital with Those Who Need Capital

Illustration: Banks Connect Those Who Have Capital with Those Who Need Capital

Develops Financial Intermediaries and Markets

  • Economic Development
    • Easy & Global Access
  • Pre sanction and Post sanction appraisal
    • Creates Liquidity
    • Guarantor
    • Channelization of Funds
  • Accept Deposits
  • Lend Loans
  • Insurance
  • Para banking facilities
  • Risk transformation
  • Capital formation
  • Acts as Entrepreneur
  • Generates Employment
  • Improves standard of living
Illustration: Develops Financial Intermediaries and Markets
  • Consumer Finance
  • Digital Banking
  • Clearing of Cheques
  • Payment Mechanism
  • Trade facilitator
  • Provision of Information
  • Consultancy
  • Finance to Govt.
  • Issues Letter of Credit
    • Factor and Discounting Agent
    • Agent to Govt
    • Optimum utilization of Financial Resources
  • Development of monetary and credit policies
  • Issue of Currency
  • Boon to Farmers, MSME՚s, Small Businessmen
  • Social Welfare Programmes

Role of Banking in Our Life

Illustration: Role of Banking in Our Life

Manishika