Description

INTRODUCTION

present-day banking is not only a very complicated and specialized group of economic activities

but also it has powerf'u1 impact on the direct course of agriculture, commerce end industry, as

also on prices, incomes, etc.

Founding the banking system on a proper basis is of paramount

: importance to a country. 1odern ideas on bank credit transformed the old pro, it making a one-dimensional outlook to the dimension, l outlook -