tag:blogger.com,1999:blog-56972533200293963182024-03-14T09:10:08.360+05:30 Banks and BankingTips and Tricks for Good bankingMohan Thulasingamhttp://www.blogger.com/profile/03952624493066504075noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5697253320029396318.post-41156690978125079432012-11-08T16:41:00.002+05:302016-08-10T16:28:47.320+05:30What is 'Banking'<div style="text-align: start;">
<span style="font-family: "times" , "times new roman" , serif;"><b><span style="background-color: white; text-align: justify;">Banking is the essential and integral part of our day-to-day life . Money matters everywhere and Money is related to Banking.</span><span style="text-align: justify;">Even the Richest person need to keep his/her money with a Bank only.</span></b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>Any kind and form of asset, you visualize, finds the whole or part of it's transaction through a Bank. Here ....by the words"Money" and "Banking", I refer to the legal and open transactions only.</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>We do the banking in two ways :either direct or indirect routes.</b></span></div>
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<li><b style="font-family: Times, 'Times New Roman', serif;">Direct route is the involvement of you as opening and maintaining accounts with a Bank.</b></li>
<li><b style="font-family: Times, 'Times New Roman', serif;">Indirect method does not involve you but somebody will be doing the transactions using you .</b></li>
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<b style="font-family: Times, 'Times New Roman', serif;">Example for the second category is your Employer opening and making deposits in an account or a judicial Court making the order to another person or agency or institution, to keep a sum in your name in respect of an award in a dispute.</b></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>Again, you can choose your bank according to your Taste and Preferences so as to meet and satisfy your needs. It can be a Public or Private bank, Commercial or Cooperative Bank or Local Bank or International Bank.</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>But remember.One thing is sure. The quality of service is directly proportional to the following four factors.</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>1) Price of the product</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>2) Technology used</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>3) Relationship level. Relationship is linked to the value of transactions done by you.</b></span></div>
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<span style="font-family: "times" , "times new roman" , serif;"><b>4) Spatial reach .</b></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRFqD4acbbDowl5fk7-6kHqMSbqp-Yjo2zdkLqm_P0Jmwc_U2fTjqTzPolvJAv5PUq2aeVoKY-zl8qu-ibtnireB-db3jdndFAlzZtOQoCXi-sm5Aaag_9wIU7aDpRaV0JH3jSRZ_1TJeF/s1600/Indian-Money.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRFqD4acbbDowl5fk7-6kHqMSbqp-Yjo2zdkLqm_P0Jmwc_U2fTjqTzPolvJAv5PUq2aeVoKY-zl8qu-ibtnireB-db3jdndFAlzZtOQoCXi-sm5Aaag_9wIU7aDpRaV0JH3jSRZ_1TJeF/s320/Indian-Money.jpg" width="320" /></a></div>
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<b style="font-family: Times, 'Times New Roman', serif; text-align: justify;">All Banks have the onus of confidentiality to their clients whether Big or Small, Rich or Poor, Individual or Non-Individual.</b></div>
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Mohan Thulasingamhttp://www.blogger.com/profile/03952624493066504075noreply@blogger.com8