Web Series

                                                          

1.1.         Background of the study:      

         Bank is a one kind of financial institution, who accepting deposit, provide loan and transfer money one to another. In fact, a modern bank performs such a verity of functions that it is difficult to give a precise and general definition of it. According to Kinley, “A bank is an establishment which makes to individuals such advances of money as may be required and safely made, and to which individual entrust money when not required by them for use.”

        There are different types of bank such as, Central Bank, Government ownership Commercial Bank, Private Commercial Bank, Specialized Bank, etc. But we the term “Bank” without any prefix or qualification, it refers to the Commercial bank. Commercial bank is basically a business organization that accepts money, collects and honors customers Cheque keeps different types of accounts, makes loans and advances and thus other ancillary business. It is an organization usually engage in any or all of the various functions of banking that is receiving, collecting, transferring, paying, lending, investing, dealing, exchanging and servicing money