RSSBank is an organization usually a corporation chartered by a state or federal government which performs the different activites of banking service .The top 10 bank are recognized by the services provides by them .The bank which provides all facilities are placed in the top10 bank.
The activities performed by top 10 banks are as follows:
The activities performed by top 10 banks are as follows:
- Receives demand deposits and time deposits.
- Honour instrument drawn on them and pays interest on them
- Discount notes ,make loans and invests in securities
- Collects cheques , drafts and notes
- Certifies depositors cheques
- Issue drafts and cashiers cheques .
The top10 bank are also recognized by the assets of a company. During classifying the banks in this system the assets of a company are required then the company are kept simultaneously according to its assets.
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