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. These services used the videotex system. In the US the first bank to offer these services did so in 1981 and by 1985 at least 37 banks offered videotex banking services. Because of the commercial failure and by 1985 at least 37 banks offered videotex banking services. Because of the commercial failure of videotex these banking services never became popular except in France where the use of videotex Minitel
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Computers & Technology by
jks marven
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1:34 PM on May 09, 2008
Commercial banks play an important role in economic development of developing country. Economic development involves investment in various sectors of economy. The banks collect savings from the people and mobilize saving for investment in industrial project. The investors borrow from banks to finance the projects. Promote the growth rate through the reorientation of loan policy. Special funds
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tarun mandan
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3:02 AM on July 11, 2008