The large chunks of funds in financial institutions come from the public. This means the promoters share is very less compared to that of public. Hence, there is conflict of interest between two parties giving rise to agency problem.
The problem of agency theory are pricniple and agent.
The websites of individual financial institutions often have a tool for comparing features of their own credit card offerings. The Financial Consumer Agency Of Canada has an online interactive tool to help you compare features across financial institutions.
Read your textbook
provide financial services
how do these institutions intetact
Department of Financial Institutions. State run regulatory agency.
KRA in KYC stands for KYC Registration Agency. A KYC Registration Agency (KRA) is a company that is authorized by a financial regulator to collect and store customer information for financial institutions. KRAs are used to help financial institutions comply with Know Your Customer (KYC) regulations.
The problem of agency theory are pricniple and agent.
The websites of individual financial institutions often have a tool for comparing features of their own credit card offerings. The Financial Consumer Agency Of Canada has an online interactive tool to help you compare features across financial institutions.
Read your textbook
provide financial services
how do these institutions intetact
If the bank in California has chosen to go with a state charter (instead of a federal charter), the agency regulating that bank is named "The California Department of Financial Institutions."
Office of the Superintendent of Financial Institutions was created in 1987.
Banks are examples of Financial Institutions.
the problem faced by non banking financial institution is recoverying the funds from the debtors due irresponse from the govt side
Prudential regulation in financial institutions enables transparency and protection of stakeholders of the institutions.