List of International financial institutions: 1. International Finance Corporation (IFC) 2. International Development Association (IDA) 3. Asian Development Bank (ADB). 1. International Finance Corporation (IFC): International Finance Corporation (IFC) was established in July 1956 as an affiliate of the World Bank to provide finance to the private sector. The World Bank grants loans to the […]
List of International Financial Institutions (Objectives, Organisation and Working)
Article shared by : 
5 Main Principles of Lending Followed by Banks
Article shared by : 
The following points highlight the five main principles of lending followed by banks. The principles are: 1. Liquidity 2. Safety 3. Diversity 4. Stability 5. Profitability. Principle # 1. Liquidity: Liquidity is an important principle of bank lending. Bank lend for short periods only because they lend public money which can be withdrawn at any […]
Process of Credit Creation by Banks
Article shared by :
In this article we will discuss about the process of credit creation by banks. The ability of banks to create credit depends on the fact that banks need only a small percentage of cash to deposits. If banks kept 100 per cent cash against deposits, there would be no credit creation. Modern banks do not […]