Advance methods which are used in banks presently
What are the advance methods which are used in banks presently?
Expert
Advance methods that are using in banks:
A) Nearly all banks are utilizing Finacle software for banking accounting.
B) Banks contain opened big number of ATM branches for fast payment to customers anytime and anywhere.
C) Telephone banking and Mobile banking.
D) Video banking and video-conference.
E) Online banking beneath secure website.
Super Profit Method: (Goodwill method): When a firm earns huge profit in comparison to normal profit (usually earned by other firms of similar industry) then the difference is termed as Super Profit. Goodwill is computed on the basis
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