Reeta Kumari Bhagat

Banking finance definition gives us information about the definition of banking and the definition of finance. Banking refers to that process in which a bank which is a commercial or government institution offers financial services that include lending money, collection of deposits, issue of currencies and debit cards, and transaction processing etc. The financial services sector is emerging from the worst financial crisis for 80 years. Tighter regulation, an overhang of debt in the west and the immense growth in the power of banks in emerging economies will transform the landscape of banking. The core challenge for banks, as for all organisations, is to create long-term sustainable success. Banks need to understand their business models and have the confidence that these will deliver sustainable value – with appropriate risk mitigations as necessary. This book presents a concise and authoritative overview of some of the latest and the most challenging issues faces by the banking and financial sectors in India and World over.