Question

What is Indigenous Banking System..??​

Answer 1

Answer:

Indigenous banking system is the system of banking that involves private firms or individuals who act as banks by providing financial services such as loans and accepting deposits. The system of indigenous banking dates back to the medieval period.

Explanation:

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Answer 2

Explanation:

Indigenous banking system is the system of banking that involves private firms or individuals who act as banks by providing financial services such as loans and accepting deposits. ... Indigenous bankers formed the bulk of the Indian financial system in the ancient times.