Computer Science, asked by ruhi855316, 8 months ago

write a short note on banking

Answers

Answered by ranvirsinghadvocate9

Answer:

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. They offer savings accounts, certificates of deposit, and checking accounts.

Explanation:

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Answered by kmokshitha96

Answer:

Banking is the business of protecting money for others. Banks lend this money, generating interest that creates profits for the bank and its customers. A bank is a financial institution licensed to accept deposits and make loans. But they may also perform other financial services.

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