Question

class 12.. definition of a bank
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Answer 1

Answer:

Definition of a Bank

A bank is a financial institution which performs the deposit and lending function. A bank allows a person with excess money (Saver) to deposit his money in the bank and earns an interest rate. ... Thus, the banks act as an intermediary between the saver and the borrower.

Answer 2

Answer:

HERE IS YOUR ANSWER

Explanation:

an organization which keeps money safely for its customers; the office or building of such an organization. You can take money out, save, borrow or exchange money at a bank

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