Downloads: 112
Research Paper | Economics | Bangladesh | Volume 4 Issue 11, November 2015
School Banking: A New Idea of Banking Operation in Bangladesh
Ujjal Mondal, Md. Solaiman Hossain, Md. Abdul Mannan Khan
This paper mainly focuses on the present scenario of school banking policy practiced by scheduled banks in Bangladesh. The study is mainly based on secondary data highlighting the school banking policy formulation and governance as well as different school banking activities such as account opening and deposit collection by State-owned Commercial Banks (SCBs), Specialized Development Banks (SDBs), Private Commercial Banks (PCBs), Foreign Commercial Banks (FCBs) and new banks (Scheduled in 2013). School banking practices in Bangladesh is passing through an introductory level. But banks are trying to go for the boost of school banking. In 2014, banks have created 8, 50, 303 accounts and collected Tk.7, 175 million under school banking scheme. On which, PCBs have opened 65 % accounts and gathered 73 % deposit of total school banking operation in Bangladesh. SCBs and SDBs are trying to create more accounts and to collect more money on this scheme. But FCBs havent played a significant role on school banking. So practicing school banking policy in Bangladesh is not in a satisfactory condition, but it is a positive sign that Bangladesh Bank has already developed a policy guideline to promote school banking. It is an urgent duty to all banks and responsible authorities along with general people to come forward to take necessary steps about school banking so that in near future banks can take all school going children under banking systems and ensure smooth school banking operation in Bangladesh.
Keywords: School, Bank, School Banking, Accounts, Deposit, SCBs, SDBs, PCBs, FCBs etc
Edition: Volume 4 Issue 11, November 2015
Pages: 1926 - 1931
How to Cite this Article?
Ujjal Mondal, Md. Solaiman Hossain, Md. Abdul Mannan Khan, "School Banking: A New Idea of Banking Operation in Bangladesh", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=NOV151461, Volume 4 Issue 11, November 2015, 1926 - 1931
Similar Articles with Keyword 'School'
Downloads: 88
Research Paper, Economics, Cameroon, Volume 9 Issue 10, October 2020
Pages: 742 - 754Child Labour versus Human Capital: The Ugly Face of Face Value
Nyamyelle Mathilda Lum, Tafah Edokat Edward Oki, Ofeh Moses Abit
Downloads: 109
Research Paper, Economics, Ghana, Volume 5 Issue 5, May 2016
Pages: 1877 - 1886Reducing Internal Migration through the Establishment of Small and Medium Enterprises in the Bolgatanga Municipality of Ghana
John Agyei, Nicholas Awuse, Patrick Tandoh-Offin
Similar Articles with Keyword 'Bank'
Downloads: 0
Research Paper, Economics, India, Volume 10 Issue 5, May 2021
Pages: 94 - 96A Study on Possibilities of India for being $5 Trillion Economy till 2025 Considering COVID-19 Crises
Somya Saran
Downloads: 1
Research Paper, Economics, India, Volume 10 Issue 7, July 2021
Pages: 775 - 778NPA: A Formidable Challenge for the Indian Economy
Anshul Agarwal, Varun Gola
Similar Articles with Keyword 'Accounts'
Downloads: 90
Research Paper, Economics, Morocco, Volume 9 Issue 9, September 2020
Pages: 1525 - 1537Deposit Modelling of Credit Agricole Morocco (CAM)
Idrissi Fatima, EL GORFTI Abdelouahed, EL MOUSSAIF Loubna
Downloads: 114 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1
Research Paper, Economics, Nigeria, Volume 3 Issue 8, August 2014
Pages: 643 - 648Privatization and Commercialization of Nigerian National Petroleum Corporation Oil Refineries in Nigeria
Taiwo A. Gbenga, Ademuyiwa A. Mukaila, Adedokun O. Micheal, Sojobi Olayiwola A.
Similar Articles with Keyword 'Deposit'
Downloads: 2
Research Paper, Economics, India, Volume 10 Issue 8, August 2021
Pages: 14 - 19Indian Banking - A Long Journey of Incredible Transformation from Traditional Branch Banking to Digital Banking
Dr. S. Upendra Sastry
Downloads: 90
Research Paper, Economics, Morocco, Volume 9 Issue 9, September 2020
Pages: 1525 - 1537Deposit Modelling of Credit Agricole Morocco (CAM)
Idrissi Fatima, EL GORFTI Abdelouahed, EL MOUSSAIF Loubna