Branch Banking Meaning in Bengali: শাখা ব্যাংকিং (noun, shakha banking)
Definition and Part of Speech
Branch banking (noun, /bræntʃ ˈbæŋkɪŋ/) refers to a system of banking where a financial institution operates multiple branches in different locations to provide various banking services to customers.
Definition
Branch banking is a type of banking system where a bank or financial institution establishes multiple branches in different geographical locations to offer a wide range of banking services to customers. Each branch operates independently but is connected to the main bank through a centralized system. Branch banking allows customers to access banking services conveniently in their local areas.
Synonyms of Branch Banking
- Multiple Branch Banking (একাধিক শাখা ব্যাংকিং)
- Network Banking (নেটওয়ার্ক ব্যাংকিং)
- Multi-branch Banking (বহুশাখা ব্যাংকিং)
Antonyms of Branch Banking
- Centralized Banking (কেন্দ্রীয় ব্যাংকিং)
- Online Banking (অনলাইন ব্যাংকিং)
- Virtual Banking (ভার্চুয়াল ব্যাংকিং)
Origin of Branch Banking
The concept of branch banking originated in the 18th century in Europe, particularly in England. The Bank of England was one of the first institutions to establish multiple branches to cater to the banking needs of different regions. The idea gradually spread to other countries, and branch banking became a common practice in the banking industry worldwide.
Nearby Words
- Banking (noun)
- Branch (noun)
- Financial (adjective)
- Institution (noun)
- Services (noun)
Branch Banking in Literature Quotes
- “Banking establishments are more dangerous than standing armies.” – Thomas Jefferson (ব্যাংকিং প্রতিষ্ঠানগুলি দায়িত্বশীল সেনাবাহিনীর চেয়েও বিপজ্জনক।)
- “A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain.” – Robert Frost (একটি ব্যাংক হলো এমন একটি স্থান যেখানে তারা তোমাকে সুস্থির আবহাওয়ায় একটি ছাতা ধার করে এবং যখন বৃষ্টি পড়তে শুরু হয় তখন তা ফেরত চাইয়ে দেয়।)
Branch Banking Meaning in Different Languages
- Bengali: শাখা ব্যাংকিং
- Hindi: शाखा बैंकिंग
- Nepali: शाखा बैंकिंग
- Urdu: شاخہ بینکنگ
- Tamil: கிளை வங்கியியல்
- Telugu: శాఖ బ్యాంకింగ్
- Arabic: البنك الفرعي
- Chinese: 分行银行
- Japanese: 支店銀行
- Russian: филиальное банковское дело
For more information, you can visit wikipedia.org, dictionary.com, and thefreedictionary.com.