Business Studies, asked by vikash078, 1 year ago

define indigenous bank

Answers

Answered by isha2525
4
hii mate

Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans. Likebanks, they are also financial intermediaries. They should be distinguished h professional moneylenders whose primary business is not banking but money lending.

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Answered by aman3495
2
Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans. Like banks, they are also financial intermediaries. They should be distinguished h professional moneylenders whose primary business is not banking but money lending.
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