Commercial Banking in the Presence of Inflation |
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Commercial Banking in the Presence of InflationClick over image to enlarge |
Overview
A.L.M Abdul Gafoor. Inflation has become a fact of life in nearly all countries, but it is a very serious problem in developing countries. As far as commercial banking is concerned, it erodes the value of depositors’ saving as well as that of banks’ loans. Yet the banking system does not seem to specifically address this problem. This book makes an attempt at finding a way of compensating for the loss of value suffered by capital due to inflation.
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