Concept of Banking System — The banking system refers to the overall mechanism of all banks and financial institutions operating within a country that conduct economic activities and provide financial …
Concept of Banking — Banking refers to all the financial functions performed by banks. It includes deposit collection, loan disbursement, fund transfer, payment processing, financial advice, and other related services. …
Concept of Bank– A bank is a financial institution that collects money (deposits) from the public and provides loans to individuals, business organizations, or government bodies. It performs various financial …
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