By :- Nasim

MEANING TYPES FACILITIES FUNCTIONS SOURCES OF FUNDS TECHNOLOGICAL REFORMS COMMERCIAL BANKS V/S CO.OP.BANKS CONTROL OF R.B.I. OVER COMMERCIAL

BANKS WEAKNESSES FUTURE PLANS

A COMMERCIAL BANK IS A TYPE OF FINANCIAL INTERMEDIARY & A TYPE OF BANK. IT RAISES FUNDS BY COLLECTING DEPOSITS FROM BUSINESSES & CONSUMERS VIA CHECKABLE DEPOSITS, SAVINGS, DEPOSITS & TIME DEPOSITS. IT MAKES LOANS TO BUSINESSES & CONSUMERS. IT ALSO BUYS CORPORATE BONDS & GOVT. BONDS. ITS PRIMARY LIABILITIES ARE DEPOSITS & PRIMARY ASSETS ARE LOANS & BONDS.

PUBLIC SECTOR BANKS :

• S.B.I. & ITS ASSOCIATES

• NATIONALISED BANKS

FOREIGN BANKS

PRIVATE SECTOR BANKS:

• OLD PRIVATE BANKS

• NEW PRIVATE BANKS

REGIONAL RURAL BANKS

ACCEPTING DEPOSITS FROM PUBLIC LENDING MONEY TO PUBLIC TRANSFERRING MONEY FROM ONE PLACE

TO ANOTHER ACTING AS AN INTERMEDIARY ACTING AS A TRUSTEE KEEPING VALUABLES IN SAFE CUSTODY COLLECTION BUSINESS

COMMON PEOPLE BIG INDUSTRIAL UNITS FOREIGN INVESTMENT MUTUAL FUND REVENUE TRUSTS RELIGIOUS INSTITUTIONS GOVT. & NON- GOVT. ORGANIZATION COMPANIES

CREDIT CARDS/ DEBIT CARDS AUTOMATED TELLER MACHINE E- CHEQUES ELECTRONIC FUND TRANSFER [ EFT] POINT OF SALE [ POS] DEMAT ACOOUNT ONLINE BANKING TELEBANKING

FROM THE BEGINNING COMMERCIAL BANKS ARE KNOWN AS MORE TRUSTFUL BANKS AS THEY ARE REGULATED BY R.B.I. SO, CUSTOMERS HAVE MORE FAITH IN THE COMMERCIAL BANKS AS LESS RISK IS INVOVLED IN IT.

TIME TO TIME , COMMERCIAL BANKS HAVE TO REPRESENT THEIR DETAILS REGARDING FINANCIAL CONDITIONS, LENDING SITUATIONS, AND DETAILS RELATED TO STAFF MEMBERS TO THE R.B.I & EVERY OTHER ASPECTS RELATED TO BANKS HAVE TO BE REPRESENT TO THE R.B.I.

NON PERFORMING ASSETS PUZZLING FETURES PUBLIC SECTOR WORKERS STRUGGLE THE STRUGGLE AGAINST NEW ECONOMIC

POLICY OVERCOMING THE ORGANISATIONAL

STRUCTURE

TO PROVIDE BEST SERVICES TO THE CUSTOMERS

TO REACH TO THAT PERSON WHO YET NOT GET THE SERVICES OF BANKS

AFTER ALL, TO MAINTAIN & EXPAND THE BUSINESS OF THE BANK IN THIS COMPETATIVE CLIMATE