Economy, asked by vijayekke668, 4 months ago

definition of a bank?

Answers

Answered by jogita11
6

Answer:

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be performed either directly or indirectly through capital markets.

Answered by zaki1076
0

Answer:

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be performed either directly or indirectly through capital markets

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