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Functions of Banks In India

These are the important functions performed by all the banks and their branches in India.

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Functions of Banks In India

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  1. Functions Of Banks In India Presented by: Praveen kumar Http://indianbankdetails.Com

  2. Introduction: • Banks are the main financial source of Indian economy. There are 165 banks and more than 1 lakh branches are in India. All the banks and their branches are monitoring under RBI(Reserve Bank Of India) • RBI is responsibility for all the economic problems in India. They have formed several set of rules and regulations. • Banks are performing so many functions for their customers and the main function are listed in this presentation.

  3. Functions: • Accepting Deposits • Granting of Loans and Advances •  Agency Functions • General Utility Functions RBI has issued IFSC code for all banks and their branches which are helps in EFT(Electronic Fund Transfer)

  4. Functions-Of-Bank-In-India

  5. Functions Of Bank In India

  6. Conclusion: • These are the most important functions performed by the banks in India. Bank audit will be conduct by the RBI in year end. • http://indianbankdetails.com/

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