what are the characters of banks
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Explanation:
Characteristics of a Bank / Features of Banking
It may be an Individual/Firm/Company.
It is a profit and service oriented institution.
It acts as a connecting link between borrowers and lenders.
It deals with money.
It accepts deposits from public.
It provides Advances/Loans/Credit to customers.
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Characteristics of a Bank / Features of Banking•
It may be an Individual/Firm/Company.•It is a profit and service oriented institution.•It acts as a connecting link between borrowers and lenders.•It deals with money.It accepts deposits from public.
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