L/C Letter of Credit
A Letter of Credit (L/C) is a financial document issued by a bank that guarantees payment to a seller in the event that the buyer is unable to make the…
Rural Financing
Rural financing refers to financial services and products provided to individuals and businesses in rural areas. These financial services are designed to meet the unique needs of rural populations, which…
Pricing
The pricing of banking products and services depends on several factors such as the type of product or service, the target market, the level of competition, and the cost of…
Explain in detail, what role does commercial bank plays on the economic development of Nepal?
Commercial bank is ‘A’ class licensed financial institution incorporated to carry out banking and financial transactions as mentioned on section 49(1) of Bank and Financial Institution Act, 2073. Commercial bank…