Contingent Contract Contingent Contract Basing on the presence or absence of Condition’s, Contracts can be classified into two groups namely; Absolute Contracts and Contingent Contracts. In the…
How is an offer to be communicated? An offer may be communicated to the offeree or offerees by word of mouth, by writing or by conduct. A Written offer may be contained…
Effect upon Contract for Outbreak of War What effect does the outbreak of war between nations have upon contracts between citizens of such nations? Here is a question which merchants and manufacturers…
Anticipation and roles of society and people from Nationalized Banks Anticipation and roles of society and people from Nationalized Banks Banking is a service industry which touches the lives of millions of people. It is…
CSR in Banking CSR in Banking A simple definition refers to CSR as how companies and financial institutions take into consideration the impact on society of their operational…
SWIFT SWIFT Founded in Brussels in 1973, the Society for the Worldwide Interbank Financial Telecommunication (SWIFT) is a co-operative organization dedicated to the promotion and development…
Debit Card Debit Card is a card allowing the holder to transfer money electronically from their bank account when making a purchase. It is a payment card…
Basel II Basel II is the second of the Basel Accords which are recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.…
CAMELS Rating CAMELS rating are the rating method wherein the bank regulators or examiners evaluates an in general performance of the banks and find out their strengths…
Green Banking Green banking also is known as a social, alternative, civic or sustainable banking is a bank concerned with the social and environmental impact of its…