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Tag Archives: Banking

History of Money

One of the key components of modern banking is the introduction of paper money, which emerged in Europe in 17th century, and Sweden was again the first country where it made its debut. Paris followed Sweden in issuing paper currency ... Read More »

Evolution of Banks – I

Banks, it is a belief evolved out of the religious temples of the ancient times, and their first appearance came into being around 3rd century B.C. Therefore banks came into vogue even before money came into circulation. As a matter ... Read More »

Process of bank operations

What is the process through which system of banking operates? Banking is based on the basic maxim of trust.  We have this faith in the banks that when we need our money deposited in the bank, bank would pay the ... Read More »

Working of the banks

Bank going by its definition in strict sense of terms is an entity on which you can have faith. This is precisely the maxim under which the banks operate. The functioning of the bank is derived from the trust that ... Read More »

Wipro Technologies sees BFSI segment improving

Wipro Ltd, India’s No. 3 software services exporter, is seeing an uptick in demand at its key financial services segment, driven by consolidation in the banking industry, a top executive said. “Some of it is driven by the consolidation activities ... Read More »

Innovative apparel designs by Sikkim women

Gangtok, May 20 (ANI): Banking on their creative traits, women of Sikkim have emerged in the forefront of apparel designing. The credit for this could be attributed to the Directorate of Handloom and Handicraft of Sikkim for setting up an ... Read More »