What is banking and main features of banking?
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The function of a banking system depends on the type of banks in its network. The function of a commercial banking system can include accepting deposits, approving loans, offering checking and savings accounts, and providing credit and debit card services.
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Banking refers to the process of money tranfers from and between bank and the clients. Banking invloves loans, credit facilities and other financial performances. Features of Banking. ... Banks main focus is on cash transaction which involves depositing and withdrawal of cash through various money agents.
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