Importance of Business Banking Commerce YouTube Lecture Handouts

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Title: Importance of Business Banking

Importance of Business Banking
Domestic Circular Flow of Income Spending

Banks Connect Those Who Have Capital with Those Who Need Capital

Banks Connect Those Who Have 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
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

Role of Banking in Our Life

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