Business Studies, asked by praveshyadavpr46, 2 months ago

what is the defination of a bank?​

Answers

Answered by moonlight45
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 Snapskg730
1

Answer:

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans

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