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what are the commercial roles of the banks


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formula of compound interest

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Hello guys and gals, Congratulations to those who have passed their exam for SBI clerk 2010. I am also through with the exam and have my interview scheduled on 30th April 2010. Could you people who are having interview before this date let me know the questions asked(after your interview). I am commerce graduate and I will appreciate your help before this date. Thanks and All D Best.

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Frieds, some more information for SBI clerical interview and I am Udaya Bhaskar 9490238751 At present Managing Director of SBH is Smt. Renu Challu and Chief General Manager is Sri. Sudhir Garg. Main office of SBH is situated at Gunfoundry, Hyderabad. Coming to SBI, Sri. OP Bhatt is the Chairman, SK Bhattacharya is MD&CC&RO as of my knowledge. Corporate of office of SBI is located at State Bank Bhavan, PB NO.12, Madame Came Road, Mumbai-400021. Turnover of SBI and its subsidiaries is reached around 8 lakh crores. SBH alone reached turn over of 1 lakh crores and it is equal to Canara Bank Turnover. SBH booked 616 crores Net profit for the year 2008-09. Largest bank of world for 2008 is 1) Industrial & Commercial Bank of China (China) 2) Bank of America (US) 3) (Honkong and Shangai Banking Corporation)HSBC Holdings (UK) Functions of RBI - Serves as Banker to Banks - Serves as Banker to Government - Serves as controlling authority for whole banking process in India - Serves as Currency issuing authority* * Kindly note that issual of coins and one rupee not is done by Ministry of Finance Micro finance is lendig small amounts of money to the poor at lesser interests

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