Bank Deposit Management: Objectives, Levels, Deposit Processing Steps

Deposit is the main component of a bank’s funds. The existence of a commercial bank is impossible in the absence of deposits. So, every bank expects that deposits will be a sufficient and safe flow of deposits will remain smooth. What is Bank Deposit Management? Changes and different mixtures in economic and commercial activities make…

Types of Bank Deposits

To increase the volume of deposits, banks undertake different types of strategies. The deposit management process is becoming very much competitive. Banks are now engaged in inventing newer types of deposit schemes to attract more deposits than their competitors. There are variations in the needs and demands of the people. It is almost impossible for…

What is Deposit Insurance in Banking?

Risk is involved with every business. An insurance policy is taken for the deposited amount to avoid trouble in the banking business. The intention is that if the bank becomes failure or bankrupt, most of the small depositors will be able to regain their money. This process is called Deposit Insurance. In the USA, deposit…