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Banking Principles and Practice (Volume 1); Elements of Money, Credit, and Banking (Paperback) Price in Indiaby - Ray Bert Westerfield

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Banking Principles and Practice (Volume 1); Elements of Money, Credit, and Banking (Paperback) price in India from 4 stores in India from Rs. 1439 - Rs. 1319

Store Name Additional Info Price in India  

Elements of Money, Credit, and Banking Volume 1 (Paperback)

Rs. 1439

Elements of Money, Credit, and Banking Volume 1 by Ray Bert Westerfield

Rs. 1601

Elements of Money, Credit, and Banking Volume 1

Rs. 1623

Banking Principles and Practice (Volume 1); Elements of Money, Credit, and Banking (English) (Pape..

Rs. 1319
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Banking Principles and Practice (Volume 1); Elements of .. Book details

Isbn-13 9781153940986
Ean 9781153940986
Publisher Date 20 May 2012
Height 150 mm
Language English
No Of Pages 126
Series Title English
Weight 195 gr
Isbn-10 1153940981
Publisher General Books
Binding Paperback
Illustration Y
Mediamail Y
Printondemand Y
Spine Width 7 mm
Width 225 mm
Cover : Paperback
Isbn 13 : 9781153940986
Dimension : 30 x 902 x 598
Author : Ray Bert Westerfield
Publication Year 2010
Book Banking Principles And Practice (Volume 1); Elements Of Money, Credit, And Banking
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Banking Principles and Practice (Volume 1); Elements of Money, Credit, and Banking (Paperback) details from bookadda

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 Excerpt: ...by the bank. Bank notes and deposit liabilities have been created and exchanged by the bank for various credit items of borrowers, while the borrowers possessing these bank notes, deposits, or actual government money, have been enabled to procure materials, labor, tools, plant, transportation, and the like. The funds put into investments and some indeterminate proportion of the loans (and discounts) represent contributions of permanent capital. The proportion of the loans which constitutes permanent advances of capital ranges in all probability from 20 to 50 per cent. The tendency is to increase. The ratio of cash reserve to investments, plus, say, 30 per cent of loans, is therefore a measure of the degree to which a bank contributes permanent capital to business. The ratio of cash reserve to, say, 70 per cent of loans, measures the temporary advances. Users of business barometers watch closely the less complex ratios of: (i) cash reserve to loans, (2) investments to aggregate assets, (3) loans to aggregate assets, and (4) the sum of loans and investments to aggregate assets. The history of the first, third, and fourth ratios is shown in the accompanying charts (Figures 2 and 3), and by subtracting the third from the fourth the second can be obtained. During the war the increase of bank cash reserves in this country did not keep abreast of the expansion of loans, the result being that the ratio of cash reserves to loans decreased precipitately. The loan account developed into an unprecedented state of extension; the banks met the urgent demands for funds to finance the war and war industries; an excessive proportion of the loans was collateraled by United States securities, and did not necessarily represent contributions of working capital to industries. Th...


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Banking Principles and Practice (Volume 1); Elements of Money, Credit, and Banking (Paperback) price in India is Rs. 1439 on 04th May 2016

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