A place where representatives of banks meet to settle cheques for collection

Related MCQs

• Unless otherwise specified DD or cheques is valid for a period of;
• Second nationalisation of commercial banks (6 banks)was in the year
• Unit banks are linked with bigger banks by a system called........
• Commercial banks to expand deposit through expanding their loans and advances is known as ___________.
• The nationalization of 14 commercial banks was on?
• _________ banking implies co-operation among group of banks for various large scale banking operations and to enjoy the economics of scale.
• In _______ banking, different banks provide different banking services to a single borrower without having a common arrangement or understanding between the lenders.
• Indian banks were nationalised in the year
• Primary functions of a commercial banks are ........... and lending
• The total number of public sector banks in India is