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Banking Professional with 16 Years of Experience. The idea to start this Blogging Site is to Create Awareness about the Banking and Financial Services.

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BankReed Admin
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Contents Introduction Business Correspondent Eligibility to become a Business Correspondent Functions of BCs RBI act as BCs Activities to be undertaken by BC Introduction Business correspondents are said as bank representatives helps villagers to open bank accounts. Business Correspondents get commission from bank for each…

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BankReed Admin
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Contents Types of Bank Customers Personal accounts Hindu Undivided Family (HUF) Sole Proprietary Firms Partnership Firm Financial obligation Partnership (LLP) Corporations Trust Clubs & Societies Types of Bank Customers During the opening of accounts, the banker deals with differing types of customer. The banker ought…

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BankReed Admin
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Contents Reliability Principle Concept of Reliability Principle Determining monetary info by Reliability principle Importance of reliability principle Debitoor and dependability principle Reliability Principle GAAP With Explanation Reliability Principle The Reliability principle is that the conception of solely recording those transactions within the method of accounting…

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BankReed Admin
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Concepts Overview Deal with customer Personal accounts Joint Accounts of Individuals OverviewBank is an important service sector organisation. Customers play the most significant part in bank. Customer is the one who uses the banking products and services and judges the quality of those products and…

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BankReed Admin
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Contents Value Chain Finance Demand for Finance within Value Chains Value Chain Analysis Implications for Design and Implementation Value Chain Finance Value chain finance refers to monetary product and services that flow to or through any purpose during a price chain that alter investments that…