Business Studies, asked by yogirajmaliya7831, 11 months ago

Watch do you mean by indigenous banking system

Answers

Answered by IsitaJ07
16

Hello❤️

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Answer:

=>Indigenous bankers are private firms or individuals who operate as banks and as such both receive deposits and give loans.

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Answered by PravinRatta
2

Answer :

The meaning of indigenous banking system is given below :

Explanation :

indigenous banking system :

Indigenous bankers are the private individual firms Their main motive is to provide money to the all types of firms, basically they also perform the duties of a bank like receiving deposits and saving them giving interest on them but the ultimate goal is money lending.

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