Science, asked by rajeshagare786, 8 months ago

can banking is treated as a industry​

Answers

Answered by karamsingh16041976
9

Answer:

yes, this is the right ans of the above question

Explanation:

I hope may it will help you

Answered by anjaliom1122
0

Answer:

Yes, In a circular dated April 20, the Department of Financial Services stated that the labor and employment ministry declared the "banking industry as a public utility service" for six months beginning April 21.

Explanation:

Banking is classified as a tertiary industry. These are concerned with the provision of support services to primary and secondary industries, as well as trade-related activities. These industries offer a variety of services. The banking industry is one of the most popular in finance because banks provide valuable services such as storing funds, managing credit, and facilitating financial transactions. The modern banking industry is a network of state-licensed financial institutions that provide banking services. The primary services provided are related to risk storage, transfer, credit extension, and risk management.

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