Discuss the process of credit creation by commercial banks
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Deposits which arise on account of granting loan or purchase of assets by a bank are called “derivative deposits.” ... The power of commercial banks to expand deposits through loans, advances and investments is known as “credit creation....
I hope so it helps u
Deposits which arise on account of granting loan or purchase of assets by a bank are called “derivative deposits.” ... The power of commercial banks to expand deposits through loans, advances and investments is known as “credit creation....
I hope so it helps u
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