Banking Laws

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Debt Recovery in India

Debt is one of the most important financial instruments which can be availed by both the production and household sector. Banks and Financial Institutes are the major source for providing credit. Debt involves a two fold delivery system whereby it is essential for the banks to recover the credit that they have extended to the …

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Banks: Kinds And Functions

bank is a financial intermediary and creates money by lending money to a borrower, thereby creating a corresponding deposit on the bank’s balance sheet. A banking system is a group or network of institutions that provide financial services to the society. Banking sector acts as the backbone of modern business.