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A collecting banker is holder for value if he gives the value of the cheque in any form to its customer before collecting the proceeds of...
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01. Protection in case of order cheque : In case of an order cheque, Section -85(1) provides statutory protection to the paying banker ...
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The duties and responsibilities of a collecting banker are discussed below: 1. Due care and diligence in the collection of cheque. 2...
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What Precautions to honor Cheque The relation between a banker and his customer is that of a debtor and creditor. Money deposited with a...
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Modern Banks 1. Advancing of Loans Banks are profit oriented business organizations. So they have to advance loan to the public and...
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What is Branch Banking? Branch Banking is still an integral part of Indian banking system as most Indians still believe in cash transact...
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The relationship between banker and customer is mainly that of a debtor and creditor. However, they also share other relationships. Some... -
BANKING STRUCTURE IN INDIA Add caption Reserve Bank of India (RBI) The country had no central bank prior to the establishmen... -
Methods of Credit Control The following points highlight the two categories of methods of credit control by central bank. The two c... -
Commercial Banks A bank is an institution where debts (usually referred to as bank deposits) are commonly accepted in final settlement o...
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