Breaking News

Tag Archives: Banks

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 »

Origin of money

Most of us believe money originates from the Mint (the government authority which prints the notes and mints the coins) however it is partially correct that the Mints are the sole production units of money. History of money: Money making ... Read More »

Obama says he does not want to run auto companies

Washington, Apr.30 (ANI): President Barack Obama has said that he does not want to run American auto companies, which are presently experiencing a major crisis. “I don’t want to run auto companies, and I don’t want to run banks. I’ve ... Read More »

Banks widen savings accouts business

In a clear departure from their earlier stand of attracting big ticket high cost deposits, commercial banks are now turning their focus on CASA (current account saving account) in an effort to shore up profits and bottomlines. For instance, Indian ... Read More »