
Financial Management In Private Sector Banks
The word “Bank” is believed to be derived from the Greek word BANKQUE which means a bench or Italian word BANCO meanings thereby a heap or mound. According to Macleod, the meaning of word ‘Bank’ is heap or mountain and it indicates towards joint fund collected by many persons. Greek work BANQUE referred to a bench at which, money lenders and money changers used to sit and display their coins. As t...
The word “Bank” is believed to be derived from the Greek word BANKQUE which means a bench or Italian word BANCO meanings thereby a heap or mound. According to Macleod, the meaning of word ‘Bank’ is heap or mountain and it indicates towards joint fund collected by many persons. Greek work BANQUE referred to a bench at which, money lenders and money changers used to sit and display their coins. As t...