Acceptance Quote by Chanda Kochhar

Payments banks can also act as business correspondents of other banks.

— Chanda Kochhar

Banks provide payment systems, core deposit and lending facilities that enable us to manage our day to day affairs.

— Chuka Umunna

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

— John Buchanan Robinson

Banks hold deposits and savings entrusted to them by individuals, by businesses, by governments and by central banks. They put that money to work,…

— Bob Diamond

The trade of banks is the buying and selling of interest and exchange.

— William Petty

When I started the business, only banks operated at airports, only banks issued travellers' cheques, only banks issued international payments, only banks serviced their…

— Lloyd Dorfman

I believe Indian banks have a strong funding profile with largely deposit-funded balance sheets, a large physical presence to cater to the needs of…

— Chanda Kochhar

The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization…

— James P. Gorman

The key function of banks is money creation, not intermediation.

— Michael Kumhof

Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from…

— Noam Chomsky

Banks are there to support businesses that have justifiable needs.

— Vijay Mallya

An efficient payments system provides the infrastructure needed to transfer money in low-cost and convenient ways. Efficient systems are innovative in improving the quality…

— Jerome Powell