Saturday, July 3, 2010

What is a bank

While walking on the streets of any town or city you might have seen some signboard on buildings with names – Canara bank, Punjab national bank, State bank of India, Commercial bank, etc. what do these names stand for?
Did you ever try to know about them? If you ever enter such building you will find some kind of a business office. You will see some employees sitting behind counters dealing with visitors standing in front of them you will find that some are depositing money at one counter while some are receiving money at other counter behind the counters of office you will see tables and chairs occupied by officers. On one side of the office you will also see a chamber (small partitioned room) where the manager is sitting with papers on his tables this is office of a ‘Bank’

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