Business Studies, asked by vaishalirawal95, 1 year ago

Defination of bank???????​

Answers

Answered by Anonymous
10

Answer:

A financial institution that is licensed to deal with money and its substitutes by accepting time and demand deposits, making loans, and investing in securities.

The bank generates profits from the difference in the interest rates charged and paid.

hope this helps you...

Answered by Tanglednaaz
3

Answer:

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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