General Banking System of IFIC Bank Limited

Abstract

The primary reason of banks sanctioned by the legislature and the national bank is to make advances to their clients. Banks are relied upon to help their networks with a satisfactory supply of credit for all real business and budgetary needs of buyer and to value that acknowledge sensibly in line for aggressively decided financing costs. For sure, making credits is the central monetary capacity of banks to finance utilization and speculation spending by organizations, people, and units of government. How well a bank plays out its capacity has a lot to do with the monetary strength of any locale, since saving money execution bolster the development of new organizations and employments inside the banks exchange an area and advance financial imperativeness. Additionally, bank advances regularly appear to pass on positive data to the commercial center about a borrower's credit quality, empowering a borrower to acquire increasingly and maybe fairly less expensive assets from othersources. The temporary job report is an incomplete prerequisite for the Master of Business Administration (MBA). As a piece of entry level position program, I was set at Paltan Branch of IFIC Bank Limited. Amid the three months temporary position program I have adapted broadly about business keeping money task. This report investigates IFIC Bank's exercises as one of the main non-government association. This report contains data pretty much all business exercises that the bank manages. I have predominantly centered around General Banking arrangement of IFIC Bank Limited in this report. General keeping money task incorporates all the general exercises performed by the bank. I have examined about various sorts of record holder and distinctive kinds of record, for example, Saving Account, Current Account, Fixed Deposit Rate (FDR), Pension Saving Scheme (PSS) and other existing records with their rates and different exercises of General Banking in detail.