What is expanded commercial banking?
Expanded Commercial Banking can be briefly defined as the combination of commercial banking (full domestic and international banking) with the powers of an investment house (underwriting, securities dealership, and equity investment).
What are the examples of commercial banks?
Examples of Commercial Banks
- State Bank of India (SBI)
- Housing Development Finance Corporation (HDFC) Bank.
- Industrial Credit and Investment Corporation of India (ICICI) Bank.
- Dena Bank.
- Corporation Bank.
What are the services of an expanded commercial bank?
They offer the widest variety of banking services among financial institutions. In addition to the function of an ordinary commercial bank, universal banks are also authorized to engage in underwriting and other functions of investment houses, and to invest in equities of non-allied undertakings.
What expanded commercial?
EXPANDE COMMERCIAL BANKS Expanded commercial banking can e briefly defined as the combination of commercial banking ( full domestic and international banking) with the powers of a investment house( underwriting , securities, dealership, and equity investment).
What is the difference between ordinary commercial bank and expanded commercial bank?
An ordinary commercial bank is a commercial bank that engages in the ordinary banking activities while an expanded commercial engages in banking activities as well as investments. The ordinary commercial bank is licensed and required to only offer the ordinary commercial banking services.
What is an ordinary commercial bank?
Any person or company whose accounts do not show evidence of ordinary individual banking activities or activities connected with a commercial business but are used to received or disburse large amounts for unknown purposes or purposes unrelated to the account holder or his business (for example, a large increase in the …
What is a commercial purpose?
Commercial purposes is defined as a means “to advance a person’s commercial or economic interests, such as by inducing another person to buy, rent, lease, join, subscribe to, provide, or exchange products, goods, property, information, or services, or enabling or effecting, directly or indirectly, a commercial …
What is the most famous jingle?
The top 10 advertising jingles of all time are:
- McDonald’s “I’m Lovin’ It”
- Kit Kat® “Give Me a Break”
- Oscar Mayer “I Wish I Was an Oscar Mayer Weiner”
- Subway “Five Dollar Foot Long”
- Empire “800 Number”
- State Farm “Like a Good Neighbor”
- Lucky Charms “They’re Magically Delicious”
- Huggies “I’m a Big Kid Now”