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A BANK is a financial institution whose primary activity is to act as a PAYMENT agent for customers and to borrow and LEND MONEY. It is an institution for receiving, keeping, and lending money.

A bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. It is an institution for receiving, keeping, and lending money.

SLR – Statutory liquidity ratio

CRR – Cash reserve ratio

Repo rate – It is the rate at which RBI lends money to Banks.

Reverse Repo Rate – It is the rate at which Banks park their funds with RBI

Bank Rate – It is the rate at which RBI lends money to Banks.

Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger

Tender Money – Currency issued by RBI Optional Money – CHEQUES, DDs, Bankers Cheques

Plastic Money – Credit card, Debit card Credit card is ready MADE overdraft in e-form for buying GOODS and services by the card holder within specified limits and according to terms and conditions of the issuer Bank WITHOUT having any account. Debit card is e-Cheque which can be used within the limits of the credit in the account associated with it for financial transactions.

Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.

• Merchant Bank provides capital to firms in the form of shares rather than money.
• Investment Banks tend to provide investment to firms.
• Corporate Banking looks after the needs of big firms, companies, business entities.
• Business Banking looks after needs of medium level business firms, entities, individuals.
• Retail banking focuses to provide services to individuals.
• PRIVATE banking focuses to provide services to high net worth individuals.
• Lead Banking focuses on providing all type of financial services.
• Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.

SLR – Statutory liquidity ratio

CRR – Cash reserve ratio

Repo rate – It is the rate at which RBI lends money to Banks.

Reverse Repo Rate – It is the rate at which Banks park their funds with RBI

Bank Rate – It is the rate at which RBI lends money to Banks.

Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger

Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques

Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and services by the card holder within specified limits and according to terms and conditions of the issuer Bank without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the account associated with it for financial transactions.

Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.

The MAIN difference between REPO rate and Bank rate is that Repo rate is the discounting offered by the RBI on the MONETARY bill hold by the Banks

The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on the monetary bill hold by the Banks

INFLATION is INCREASE in price of PRODUCTS & DECREASE in value of money.

Inflation is increase in price of products & decrease in value of money.

Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to GET MONEY at a CHEAPER rate. When the repo rate increases borrowing from the central bank becomes more expensive.The Reverse repo rate is the rate at which the central bank BORROWS from the banks, while the Repo rate is the rate at which the banks borrow from the central bank.

Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at which the banks borrow from the central bank.

Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before PROVIDING credit to the CUSTOMERS. Statutory Liquidity Ratio is determined and MAINTAINED by the Reserve Bank of INDIA in order to control the EXPANSION of bank credit.

Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.

The Cash Reserve RATIO (CRR) refers to the liquid cash that BANKS have to maintain with the Reserve Bank of INDIA (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a bank with NET demand and time DEPOSITS of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.

The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.

A Bank rate is the interest rate that is charged by a country’s CENTRAL or FEDERAL bank on loans and advances to control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control inflation and stabilize the country’s EXCHANGE rates. A FLUCTUATION in bank rates triggers a ripple-effect as it impacts every sphere of a country’s economy. For instance, the prices in stock markets TEND to react to interest rate changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.

A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.

Mainly the functions of RBI are classified as FOLLOWS:

• Bank of Issue
• BANKER to Government
• Bankers’ Bank and Lender of the Last Resort
• Controller of Credit
• Custodian of Foreign RESERVES
• SUPERVISORY functions
• Promotional functions

Mainly the functions of RBI are classified as follows:

The NARASIMHAM Committee laid the FOUNDATION for the reformation of the Indian banking sector.Constituted in 1991, the Committee submitted two reports, in 1992 and 1998, which laid SIGNIFICANT thrust on enhancing the efficiency and VIABILITY of the banking sector.

The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in 1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the efficiency and viability of the banking sector.

The primary functions of a COMMERCIAL BANK INCLUDE:

a) accepting deposits; and

B) granting LOANS and advances

The primary functions of a commercial bank include:

a) accepting deposits; and

b) granting loans and advances

You just SAY, “JOB SECURITY and Job in Canara bank is a privilege and it is a SERVICE to nation”

You just say, “Job Security and Job in Canara bank is a privilege and it is a service to nation”

CANARA BANK with 3057 branches and over 2000 ATMs, catering to all segments of an EVER growing CLIENTELE base of over 37.5 million.

Canara bank with 3057 branches and over 2000 ATMs, catering to all segments of an ever growing clientele base of over 37.5 million.

“GLOBAL BANK with BEST PRACTICES”

“Global Bank with Best Practices”

NATIONALIZATION in the YEAR 1969

Nationalization in the year 1969

INITIALLY the NAME was ‘Canara Bank Hindu Permanent Fund’Later changed as ‘Canara Bank LTD.’ in 1910 and BECAME Canara Bank in 1969 after NATIONALIZATION.

Initially the name was ‘Canara Bank Hindu Permanent Fund’Later changed as ‘Canara Bank Ltd.’ in 1910 and became Canara Bank in 1969 after nationalization.

JULY 1906, at MANGALORE

July 1906, at Mangalore

MR S RAMAN

Mr S Raman

CANARA BANK, HEAD OFFICE, BANGALORE

Canara Bank, Head Office, Bangalore