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Showing posts with the label E-Banking

What Do You Mean By Judgement

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Meaning of Judgement : Judgement means the observation and decision of court of law in respect of a particular case after conclusion of a trial. Content of Judgement : Every Judgement - Shall be written in the language of the court. Shall contain the point or points for determination, the decision there on and the reason for the decision. Shall specify the offence of which and section of The Indian Penal Code, 1860 or other law under which the accused is convicted and the punishment to which he is sentenced. If the Judgement is of acquittal, it shall state the offence, of which the accused is acquitted and direct that he be set at liberty section 354(1). Object : The object should be to protect the society and to deter the criminal in achieving the avowed object of law by imposing appropriate sentence. The social impact of the crime like where its relates to offences against woman, kidnapping and other offences involving moral delinquency which have great impact on s...

Meaning of E-Banking

E-banking is also called as "Electronic Banking", 'Online Banking', 'Internet Banking', 'on line banking', 'Virtual Banking'. E-Banking involves information technology based banking. The banking service are delivered by way of a Computer-controlled System. It is like e-business in banking indirectly. It allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution which can be a retail or virtual bank, credit union or building society. E-banking refers to the provisions of internet banking services via the internet through a Personal Computer(PC) or other access devices with internet capabilities. E-Banking system allows customers to manage accounts both in the national and a foreign currency and to obtain all the data needed about movement of funds on them in any corner of the world. To access a financial institution's online banking facility, a customer having personal i...