BANKING AND FINANCE: THEN AND NOW

This book talks about the synergy between banks and finance where the former gives a new direction to manage funds, money and resources for the financial institutions and markets, to outperform in every volatile economy whilst generating more resources for the beneficiaries. It throws light into how the banks perform, regulation of their systems, central bank’s operations and policies, banking products and services, innovation in banking, financial institutions, financial markets, financial instruments, mutual funds, and international banking. The authors have tried to cover almost every topic with detailed explanation to cater to the knowledge needs of school and university students. The content describes the perfect association of banking and finance with the clear picture of their interdependency and how the banks control and regulate the financial markets all over the world. There is a special emphasis on international banking where the banks around the world are interconnected and work closely to facilitate trade, profession and business among the individuals, entrepreneurs, and professionals. The innovation in banking has taken an edge in the modern world.