Social Sciences, asked by anshikabindal8068, 1 year ago

Have you ever been inside a bank? What are the names of some banks you know?

Answers

Answered by shaunalanjoseph
12

I have been in many banks. some common banks in India are:

State Bank Of India.

HDFC Bank.

ICICI Bank.

Punjab National Bank.

Axis Bank. Type:

Canara Bank.

Bank of Baroda.

Union Bank.

Answered by mariospartan
1

Yes, I have been inside the bank. Some of the names of banks include State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Punjab National Bank, etc.

Explanation:

  • The banks come under the category of tertiary sector of economic system and it plays a crucial role in development of country's economic conditions.
  • It is also helpful to people who can keep their savings in it and in return is granted interest money. Also, banks help to provide loans to it is consumers with a fixed interest rate which they have to pay after a fixed period of time, this has removed possibility of money lending in any kind of informal manner.
  • Some of major banks of India include State Bank of India which is largest public sector bank in India, other banks includes Punjab National Bank, Axis Bank, ICICI Bank, etc.

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