Accountancy, asked by AnirudhSinghrawat941, 3 months ago

Meaning of Banking.

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Answered by deepalmsableyahoocom

2

Answer:

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.

Answered by deepalmsableyahoocom

1

Answer:

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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