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प्रश्न
Briefly explain about Correspondent Banks?
उत्तर
A bank in a country can appoint another bank in a foreign country to act as a correspondent bank.
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संबंधित प्रश्न
A bank which is known as bankers bank.
Distinguish between:
Fixed Deposit Account and Recurring Deposite Account.
Explain the types of banks?
Explain the various types of banks based on organization with examples.
Distinguish between the Central Bank and the Commercial Bank.
Public Banks are the banks which are ______.
The central bank of a country serves as the leader of the banking system and the moneymarket.
______ is the apex institution of the country's monetary and banking structure where as ______ is one of the organs of the money market.
"A central bank is a bankers' bank." Explain.
What is a commercial bank?
