Question

what do you mean by bank keeping
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Answer 1

Answer:

institutions which channel people's savings into productive loans and investments. Thus banking mainly refers to deposits and loans. A broader definition of banking is any financial institution that receives, collects, transfers, pays, exchanges, lends, invests, or safeguards money for its customers.

Answer 2

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What Do You Mean By Bank Keeping ?

Banks as institutions which channel people's savings into productive loans and investments. Banks sell financial services such as car loans, home mortgage loans, business loans, checking accounts, credit card services, certificates of deposit, and individual retirement accounts.