Banking

Introduction

Introduction:

Banking is the reservoir of wealth, has emerged as one of the most challenging sectors in the country.

Our government authorized financial establishments are the best place to get the capital requirements or save money by different means like opening savings, current and fixed deposit accounts.

Banking, the business of handling money has become one of the most challenging sectors in the country. This well-paid, secure job is a coveted career choice of all times. Banking is a profession not only meant for Commerce/ Economics students but is open for all graduates with any academic background. By the liberalization of banking system and mushrooming of private and foreign banks, banking has become wonderful professions that offer numerous career options. The responsibilities of the banking professionals vary according to the position.

The emergence of technology-driven new private banks have broadened the scope and range of banking service and entry of Financial Institutions are into the short-term lending business, is resulting in needs for more professionals. Now banks are in some sectors like mutual funds, securitization business credit cards, housing loans, housing loans besides trading in gold, foreign exchange activities and consumer loans. Emergence of IT technologies and the entry of financial institutions into short-term lending business provide an ample scope in this field and have created the requirement of more professionals.