Drawing time of a bank location


0

 

Drawing Time: Drawing time refers to the time period in which a bank can draw a huge amount either from other banks o from the RBI in case of any kind of emergency requirement. No bank has more than a certain amount with them and in case a customer wants to withdraw an amount more than that available with the bank, the bank needs to draw that amount from other banks. Hence a location must be such that it facilitates minimum drawing time.

 

 

 

 


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

2 Comments

Facebook comments: