what is the defination of a bank?
Answers
Answered by
0
Answer:
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Answered by
1
Answer:
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans
Similar questions
Social Sciences,
1 month ago
Geography,
1 month ago
Computer Science,
2 months ago
Hindi,
9 months ago
Math,
9 months ago