School of Natural Sciences and Engineering

International Day of Banks

Banks are financial institutions. In a way, it is a bartering system. Collect money from you, give interest, lend it to people who need it, and collect interest (including your operating cost). The Indus Valley Civilization is known for practising a barter system. Recognising the vitality of the banking system, the UN adopted a resolution designating 4 December as the "International Day of Banks". Financing policies do not work in isolation. Well-run national development banks can help countries develop financing options for Sustainable Development Goal-related investments.

Comparison of Stratification Performance in Oil-based Thermal Storage Tank for Different Immersed Discharging Coil Configurations.

This study investigates the thermal stratification characteristics of a single-medium sensible heat storage tank. The thermal energy storage (TES) system under investigation comprises a vertical cylindrical tank fitted with an immersed discharging coil. The study considers three different discharging coil configurations (helical, conical, and inverted conical). A commercial silicone oil (Hytherm 600) is used as the heat storage medium in the tank, and water serves as the discharging fluid.