Hi guys
is definition ko mujhe chota karke likhna hai toh please help karoo
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Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. ... Banks use these deposits to make loans. These loans include home mortgages, business loans, and car loans. Banking is one of the key drivers of the U.S. economy.
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banking = time gap between production ,purchase and salling of goods
2) banking help those who are starting their business , business men also of fund for everything.
3) banks also helps businessemens for safe financial problems.banking removes hindrance of raising finance & credit of ones own.
I hope it helps you to write in your exam .
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