ON
RETAIL BANKING FRONT OFFICE
precaution ACTIVITY
FOR
HDFC BANK LTD.
By
NISHANT JAIN
Executive Summary
Banking is the financial function which plays an important affair not only for the
particular individual but similarly for the overall economy. With changing grimace of overall economy the face of banking service is withal changing now it has become more than &more suckive various newer functions has been added in the banking services to attract more & more customers.
Earlier banking service is offered as rapidity provider to customers to nurse their
saving in the most legal mode.
They were never concentrated on profit as a
cable but with the changing time & with the highly growing sparing condition the role of banking is also been changed instead of only readiness provider it has also become a profit cleric with new attractive face
The business of banks is buying and exchange coin:
They buy money (deposits) with interest rates
They sell money (loans) for a fee (interest)
The difference between what they pay for money and what they birth for it
is called the float - the source of the banks revenues and profits.
?This provides an efficient allocation of scarce resources.
?It also means that banks do not just hold and protect your money they give it to someone else: consequently, they actually have usable only a small percentage of the money that has been deposited
Banking: benignant in the business of keeping money for savings and checking
Accounts or for exchange or for issuing loans and credit etc.
sell: the selling of goods to consumers; usually in small quantities and not for
Resale.
Retail Banking: Retail banking is typical mass-market banking where individual
customers use local branches of larger commercial...If you want to wash up a full essay, order it on our website: Ordercustompaper.com
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