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As you might already know, the main business for banks is accepting deposits and granting loans. The more the loans the banks disburse the more profit they make. Also, banks do not have a lot of their own money to give as loans. They depend on customer deposits to generate funds for granting loans to other customers. So a deposit mobilization scheme would encourage customers to deposit more cash with the bank and this money in turn will be used by the bank to disburse more loans and generate additional revenue for themselves.
What else can I help you with?
What is the meaning of remote banking?
rural banking
What does Credit Agricole do for its customers?
Credit Agricole do what they themselves call "Customer-Focused Banking", they offer retail banking, corporate and investment banking as well as specialised financial services.
What is the meaning of money mobilization?
handling money in the right thing ........................
What is meaning of Mobilization of Money?
handling money in the right thing ........................
How banking is an aid to trade?
banking enables you to buy on a credit card and pay later
What has the author Suresh C Mehta written?
Suresh C. Mehta has written: 'Agricultural credit mobilization and allocation' -- subject(s): Agricultural credit, Banks and banking
What is the meaning of Mobilization of deposits in banking?
It means campaigning and collecting customer deposits. for ex: a bank may have a campaign with advertisements and gifts to attract deposits. That is called mobilization of deposits
What is the meaning of l c in banking finance?
Letter of Credit
What does social mobilization mean?
what are the real meaning of social mobilization
What is the meaning of point of mobilization and demobilization?
Mobilization is where you get prepared or ready something, such as combat. Demobilization is where you do the opposite of mobilization, getting unprepared.
Is Barclaycard online banking for credit cards or traditional banking?
Barclaycard online banking is for both credit cards and online traditional banking. The Barclaycard Classic credit card gives you the extra flexibility you may need with your finances.
What is the meaning of money mobilization?
handling money in the right thing ........................
What is meaning of Mobilization of Money?
handling money in the right thing ........................
What is the meaning of remote banking?
rural banking
What does Credit Agricole do for its customers?
Credit Agricole do what they themselves call "Customer-Focused Banking", they offer retail banking, corporate and investment banking as well as specialised financial services.
What is the meaning of post debit in banking sector?
In banking, a post debit decreases your balance (as opposed to a credit which increases your balance until the funds are later withdrawn). A post debit is similar to writing a check on your account.
What are the statement of problem in deposit mobilization for thesis writing?
Lack of awareness among potential depositors about available banking products and services. Limited access to banking services in rural or remote areas, leading to low deposit mobilization. Insufficient incentives or promotional activities to encourage individuals to save and deposit money in banks.
