Why it reason for the balance in savings or current account also called as demand deposit
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Cash Reserves and Demand Deposits. The amount of cash reserves a financial institution is keeping either in its vault or deposited with the Federal Reserve depends on the amount of demand deposits the institution is holding. The greater the amount of demand deposits, the more cash the institution reserves
Cash Reserves and Demand Deposits. The amount of cash reserves a financial institution is keeping either in its vault or deposited with the Federal Reserve depends on the amount of demand deposits the institution is holding. The greater the amount of demand deposits, the more cash the institution reserves
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