G. Types of Banking
Banking denotes the network of financial institutions comprising commercial banks, credit unions, savings banks, and other financial services firms. The banking sector is highly regulated to ensure the stability of national currencies and economies. It serves as the backbone for personal and commercial financial activities, fueling spending, investment, business operations, and economic growth. There are 7 types of banking:
Cooperative Banking |
Universal Banking |
Commercial Banking |
|
Wholesale Banking |
Rural Banking |
Personal Finance
Personal finance is about understanding and managing your money – budgeting, saving, investing, and protecting your assets – to build the life you want and achieve financial independence. In this comprehensive guide, we’ll get into the fundamental concepts and actionable strategies that can help you navigate the complexities of managing your money effectively.
Table of Content
- A. Investment
- B. Financial Planning
- C. Retirement Planning
- D. Budgeting & Saving
- E. Banking
- F. Types of Banks
- G. Types of Banking
- H. Types of Bank Account
- I. Debit Card
- J. Credit Card
- K. Fixed Deposit
- L. Recurring Deposit
- M. Payments
- N. Insurance
- O. Official Valid Document – Identity Proof | Address Proof
- P. Payment Apps
- Q. Credit
- R. Loan
- S. Schemes
- T. Financial Fraud
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