explain the nature of a bank
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Explanation:
A BANK GIVES US LOAN AND IT KEEPS ARE MONEY WHICH WE DEPOSIT SAFE AND BANK HAS CERTAIN RULES AND REGULATIONS THAT WE PEOPLE SHOULD FOLLOW SO THIS IS ABOUT BANK EG LIC SBI BANKS WHICH GIVES US LOANS
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Answer:
Nature of the Banking. ... A bank is generally understood as an institution which provides fundamental banking services such as accepting deposits and providing loans. There are also nonbanking institutions that provide certain banking services without meeting the legal definition of a bank.
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