Question

what percentage of their deposit kept is the cash by banks in India​

Answer 1

Answer:

Banks in India these days hold about 4 per cent of their deposits as cash. This is kept as provision to pay the depositors who might come to withdraw money from the bank on any given day.

Explanation:

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Answer 2

Answer:

4 per cent

Banks in India these days hold about 4 per cent of their deposits as cash. This is kept as provision to pay the depositors who might come to withdraw money from the bank on any given day.