Finance is the life blood of a modern economy. Banking system as an integral part of the financial sector is the linchpin of any development strategy. Banking system along with other constituents of the financial sector helps to mobilise financial surpluses of an economy & transfers them to areas of financial deficit. It promotes savings by providing a wide variety of financial assets to the general public. Savings collected from the household sector are pooled together & allocated to various sectors of the economy for raising production levels. If the allocation of credit is judicious & socially equitable it can help achieve the twin objectives of growth & social justice. This dictionary is designed to provide a useful reliable & readable guide to the all-pervasive field of banking & finance.