Article of Bankers

What are the benefits/advantages by implementing Good Governance in banking institutions?   Answer: Good governance not only boosts the reputation of the FIs but also has several benefits to its progress. Employees, stakeholders, shareholders, and other concerned groups can rest assured that the FIs are in good hands at the highest level when good governance [...]

  How can we achieve good Corporate Governance (CG) in the Financial Institutions (FIs)?   Answer: There are numerous benefits to good corporate governance, including improved company culture, increased accountability, and ability to spot potential issues before they occur. But, more than that, it shows investors that the business is organized and well placed to [...]

  Why Corporate Governance (CG) is an important tool in Financial Institutions (FIs)?   Answer: A good corporate governance refers to the effective and proactive control of a bank‘s fate by its board and senior management, i.e. it implies control and management and means that the bank‘s top managers lead it in such a way [...]

  What are the importance of business communication in an organization?   The main purpose of business communication is to improve organizational practices, eliminate confusion, keep employees informed and reduce errors. Effective business communication is essential for the success and growth of every organization. The three key business areas require precise and impactful communication between [...]

  Describe about the importance of communication?   Effective business communication is essential for the success and growth of every organization. Communication is very important for every person in the world. Whether it’s to succeed in a career or in a personal life. Here are some aspects where communication plays very important roles: Corporate Perspective: [...]

Scope of Economics? What do you mean by communication and business communication?   Communication: Communication applies to the exchange of ideas and thoughts within two or more individuals. It can be done through writing, speech, gestures, symbols, or written communication. Communication is a continuous transmission of a message among two or more individuals the sender [...]

Scope of Economics? The scope of economics is the area or boundary of the study of economics. In scope of economics we answer and analyze the following two main questions: (i) What is the subject matter of economics? (ii) What is the nature of economics? The subject matter of economics is divided into two: i) [...]

Definition of Economics? The word Economics comes from the Greek word Oikonomia. – Oikos (means a household) + Nomos (means management). In a word, Economics is a study of how people use their limited resources to fulfill unlimited wants. According to – Adam Smith (1723 -1790), the founder of economics, described it as a body [...]

What do you meant by corporate governance? Answer: Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders' role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in [...]