Hello..everybody
This is Anil....PCC Student.
Can any one provide the precise Distinction between
BANK and FINANCIAL INSTITUTION
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 29 November 2008
Banks are also called Financial Institutions are a part of it.
Financial Institutions includes Banks, Insurance Companies and other institutions who are established with the motive of assisting business establishments financially.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India