Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.
Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Banca Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.
A letter of credit is a document, typically from a bank (Issuing Bank), assuring that a seller (Beneficiary) will receive payment up to the amount of the letter of credit, as long as certain documentary delivery conditions have been met. In the event that the buyer (Applicant) is unable to make payment on the purchase, the Beneficiary may make a demand for payment on the bank. The bank will examine the Beneficiary's demand and if it complies with the terms of the letter of credit, will honour the demand.
|1.Application||View | Download|
|2.Cover Letter||View | Download|
|3.Agreement Cum Pledge Letter||View | Download|
|4.Application for documentary||View | Download|
|Name of Festival||Date||Day||State|
|Babu Jagjivan Ram's Birthday||5-Apr-16||Tuesday||AP|
|Dr B. R. Ambedkar's Birthday||14-Apr-16||Thursday||AP/TS|
|Sri Rama Navami||15-Apr-16||Friday||AP/TS|
|Sri Krishna Astami||25-Aug-16||Thursday||AP|
|Mahatma Gandhi's Birthday||2-Oct-16||Sunday||AP/TS|
|Eid Miladun Nabi||12-Dec-16||Monday||AP/TS|
|Name of Bank||Balance Enquiry||Mini Statement|
|Axis Bank||09225892258||1800 419 6969|
|Bank of Baroda||09223011311|
|Bank of India||09015135135|
|Bharatiya Mahila Bank||09212438888|
|Central Bank of India||09222250000||09555144441|
|Karur Vysya Bank||09266292666||09266292665|
|Kotak Mahindra Bank||18002740110|
|Oriental Bank of Commerce (OBC)|
|Punjab & Sind Bank||1800221908|
|Punjab National Bank (PNB)||18001802222|
|State Bank of India (SBI)||09223766666||09223866666|
|South Indian Bank||09223008488|
|Union Bank of India||09223009292|
|United Bank of India||09015431345|
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