Question

$why \: does \: the \: bank \: hold \: 15\% \: of \: their \: deposits \: as \: a \: cash$


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Answer 1

Answer:

To provide the depositor's who may came at any time to borrow their money from the banks,,,So banks in India keeps 15 % of their deposits as a cash..

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Answer 2

Answer:

Banks keep a small portion of 15% of total deposits as cash which is known as the Reserve. The banks keep such a small portion of money as reserve to pay the depositors who might come to withdraw money from their accounts on any day in the bank. In this way the banks operate their business.

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