What are the other services provided by the bank?

In the Indian market, banks offer various other services, including:

Credit Cards: Credit cards let you spend now and pay later.
Debit Cards: Debit card is linked to the bank account of the spender and the money is debited from the account.
Online Banking/Mobile Banking: Mobile/Online banking is the use of a mobile device, such as a smartphone or tablet, to access and manage one’s banking accounts and conduct various financial transactions.
Locker Facility: It is a rented locker that a bank offers to store valuables to keep one’s valuables safe.
Insurance Products: Offering life, health, and other insurance plans.
Investment Services: It is a special segment of banking operation that helps individuals or organisations to raise capital and provide financial consultancy services to them.
Currency Exchange and Money Transfer-Currency exchange is physical money that is usually done over the counter at a teller stations. Money transfer means electronic funds transfer. It is also known as Wire transfer.
Remittance Services: Transferring funds domestically and internationally.
Demat Account: Holding and trading shares and securities electronically.

These services cater to various banking needs and make financial management more convenient for customers.

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.

The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council constitutes of 40 members of whom 32 are elected by the Chartered Accountants and the remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance, and other stakeholders.

Visit The ICAI Website

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