Tagdeposits

m-banking

m-banking  n.— «In many countries, mobile phones are already used on a small scale for deposits and remittances. This could be scaled up to become the new bank architecture of the 21st century. The biggest potential for m-banking, as it is...

March effect

March effect  n.— «The move to garner more deposits by offering up to double-digit rates this month is primarily because it is the end of this financial year when banks try to meet their annual fund targets. This, the industry calls the...